Gross Worker Flows in the United Kingdom: An Anatomical Analysis of the 2008-2009 Recession
AbstractThis paper provides a detailed analysis of the gross worker flows data in the United Kingdom between 1997 and 2010, with particular emphasis on the 2008-2009 recession and its aftermath. Utilising flows data from the Labour Force Survey, the dominant macroeconomic factors driving unemployment in the United Kingdom before, during, and after the recession period are identified. Amongst the salient findings of this paper is a striking decline in job-to-job movements throughout and beyond the recent recession.
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Bibliographic InfoPaper provided by Department of Economics, University of York in its series Discussion Papers with number 11/10.
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Postal: Department of Economics and Related Studies, University of York, York, YO10 5DD, United Kingdom
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Web page: http://www.york.ac.uk/economics/
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Worker Gross Flows; Hazard Rates; Job-Finding Rate; Job-Separation Rate.;
Find related papers by JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
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