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Sectoral reallocation and unemployment

Author

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  • Aisling Cleary
  • Robert G. Valletta

Abstract

This Economic Letter examines whether the reallocation of labor demand across industry sectors has caused the noninflationary rate of unemployment to rise of late.

Suggested Citation

  • Aisling Cleary & Robert G. Valletta, 2008. "Sectoral reallocation and unemployment," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue oct17.
  • Handle: RePEc:fip:fedfel:y:2008:i:oct17:n:2008-32
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    File URL: http://www.frbsf.org/publications/economics/letter/2008/el2008-32.pdf
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    References listed on IDEAS

    as
    1. Abraham, Katharine G & Katz, Lawrence F, 1986. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 507-522, June.
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    Citations

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    Cited by:

    1. Alfonso ARPAIA & Nicola CURCI, "undated". "EU labour market behaviour during the Great Recession," Working Papers wp2010-6, Department of the Treasury, Ministry of the Economy and of Finance.
    2. Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin, 2010. "The Labor Market in the Great Recession," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 41(1 (Spring), pages 1-69.
    3. Shutao Cao & Danny Leung, 2010. "Labour Reallocation, Relative Prices and Productivity," Staff Working Papers 10-2, Bank of Canada.
    4. Menzie D. Chinn, 2012. "Imbalances, Overheating and the Prospects for Global Recovery," Chapters, in: Maurice Obstfeld & Dongchul Cho & Andrew Mason (ed.), Global Economic Crisis, chapter 6, Edward Elgar Publishing.
    5. Susanto Basu & John G. Fernald, 2009. "What do we know (and not know) about potential output?," Review, Federal Reserve Bank of St. Louis, vol. 91(Jul), pages 187-214.
    6. Daniel Aaronson & Bhashkar Mazumder & Shani Schechter, 2010. "What is behind the rise in long-term unemployment?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 34(Q II), pages 28-51.

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    More about this item

    Keywords

    Labor market; Unemployment;

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