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On the determinants of UK unemployment and the Great Recession: analysing the gross flows data

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  • Andrew Sutton

Abstract

This article 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. Utilizing flows data from the Labour Force Survey (LFS), the dominant macroeconomic factors driving unemployment in the United Kingdom before, during and after the recessionary period are identified. Amongst the salient findings of this article is a striking decline in job-to-job movements throughout and beyond the recent recession. This discovery adds a new dimension to the existing literature in this field.

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  • Andrew Sutton, 2013. "On the determinants of UK unemployment and the Great Recession: analysing the gross flows data," Applied Economics, Taylor & Francis Journals, vol. 45(25), pages 3599-3616, September.
  • Handle: RePEc:taf:applec:v:45:y:2013:i:25:p:3599-3616
    DOI: 10.1080/00036846.2012.725934
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    References listed on IDEAS

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    1. Gregg, Paul & Wadsworth, Jonathan, 2010. "The UK labour market and the 2008 - 2009 recession," LSE Research Online Documents on Economics 28758, London School of Economics and Political Science, LSE Library.
    2. Paul Gregg & Jonathan Wadsworth, 2010. "The Uk Labour Market And The 2008-9 Recession," National Institute Economic Review, National Institute of Economic and Social Research, vol. 212(1), pages 61-72, April.
    3. Brian Bell & James Smith, 2002. "On gross worker flows in the United Kingdom: evidence from the Labour Force Survey," Bank of England working papers 160, Bank of England.
    4. Robert Shimer, 2012. "Reassessing the Ins and Outs of Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 127-148, April.
    5. Shigeru Fujita & Garey Ramey, 2007. "Reassessing the Shimer facts," Working Papers 07-2, Federal Reserve Bank of Philadelphia.
    6. Andrew Sutton, "undated". "Gross Worker Flows in the United Kingdom: An Anatomical Analysis of the 2008-2009 Recession," Discussion Papers 11/10, Department of Economics, University of York.
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    Cited by:

    1. Robert Dixon & G. C. Lim & Jan C. van Ours, 2015. "The effect of shocks to labour market flows on unemployment and participation rates," Applied Economics, Taylor & Francis Journals, vol. 47(24), pages 2523-2539, May.
    2. Pizzinelli, Carlo & Speigner, Bradley, 2017. "Matching efficiency and labour market heterogeneity in the United Kingdom," Bank of England working papers 667, Bank of England.
    3. Carl Singleton, 2018. "Long‐Term Unemployment and the Great Recession: Evidence from UK Stocks and Flows," Scottish Journal of Political Economy, Scottish Economic Society, vol. 65(2), pages 105-126, May.

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