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All Layoffs Are Not Created Equal

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Abstract

More layoffs are intended to be temporary than conventional measures would suggest. Shigeru Fujita explains how this undercounting occurs and its surprising implications for today's problem of long-term unemployment.

Suggested Citation

  • Shigeru Fujita, 2016. "All Layoffs Are Not Created Equal," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(3), pages 1-8, July.
    • Handle: RePEc:fip:fedpei:00007
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2016/q3/eiq316_layoffs.pdf
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    References listed on IDEAS

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    1. Gueorgui Kambourov & Iourii Manovskii, 2009. "Occupational Specificity Of Human Capital," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(1), pages 63-115, February.
    2. Erica L. Groshen & Simon M. Potter, 2003. "Has structural change contributed to a jobless recovery?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 9(Aug).
    3. Murat Tasci, 2012. "The ins and outs of unemployment in the long run: unemployment flows and the natural rate," Working Papers (Old Series) 1224, Federal Reserve Bank of Cleveland.
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