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Michael Elsby

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. 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.

    Mentioned in:

    1. El mercado de trabajo en la Gran Recesión (I): “el pánico a contratar” y el “pánico a moverse”
      by Florentino Felgueroso in Nada Es Gratis on 2011-06-24 11:46:23
  2. Michael Elsby & Bart Hobijn & Ayseful Sahin, 2013. "The Decline of the U.S. Labor Share," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(2 (Fall)), pages 1-63.

    Mentioned in:

    1. Labor's Declining Share: A Primer
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2017-06-05 17:43:02
  3. Elsby, Michael W.L. & Smith, Jennifer C. & Wadsworth, Jonathan, 2011. "The role of worker flows in the dynamics and distribution of UK unemployment," The Warwick Economics Research Paper Series (TWERPS) 962, University of Warwick, Department of Economics.

    Mentioned in:

    1. "Strivers" vs "scroungers": a false dichotomy
      by chris dillow in Stumbling and Mumbling on 2012-12-11 20:50:45
    2. Recovery for whom?
      by chris dillow in Stumbling and Mumbling on 2013-09-16 18:50:18

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Michael W. L. Elsby & Ryan Michaels, 2013. "Marginal Jobs, Heterogeneous Firms, and Unemployment Flows," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(1), pages 1-48, January.

    Mentioned in:

    1. Marginal Jobs, Heterogeneous Firms, and Unemployment Flows (AEJ:MA 2013) in ReplicationWiki ()
  2. Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009. "The Ins and Outs of Cyclical Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 84-110, January.

    Mentioned in:

    1. The Ins and Outs of Cyclical Unemployment (AEJ:MA 2009) in ReplicationWiki ()
  3. Michael W. L. Elsby & Matthew D. Shapiro, 2012. "Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle," American Economic Review, American Economic Association, vol. 102(4), pages 1378-1413, June.

    Mentioned in:

    1. Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle (AER 2012) in ReplicationWiki ()

Working papers

  1. Michael Elsby & Axel Gottfries & Pawel Krolikowski & Gary Solon, 2023. "Wage Adjustment in Efficient Long-Term Employment Relationships," Working Papers 23-23, Federal Reserve Bank of Cleveland.

    Cited by:

    1. Kang, Kee-Youn, 2026. "When Uncertainty Raises Hiring," MPRA Paper 129454, University Library of Munich, Germany.
    2. Marco Guerrazzi, 2026. "Wage Bargaining and Capital Accumulation: A Dynamic Version of the Monopoly Union Model," Journal of Industry, Competition and Trade, Springer, vol. 26(1), pages 1-25, December.
    3. Morten Bennedsen & Antoine Bertheau & Marianna Kudlyak & Birthe Larsen, 2025. "Why Firms Lay Off Workers Instead of Cutting Wages: Evidence from Linked Survey-Administrative Data," Working Paper Series 2025-05, Federal Reserve Bank of San Francisco.

  2. Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth, 2021. "Population growth, immigration and labour market dynamics," CEP Discussion Papers dp1814, Centre for Economic Performance, LSE.

    Cited by:

    1. Fan, Fei & Van Trung, Ha, 2026. "Race to the bottom: Labor forces, policy and immigration in Vietnam," International Review of Economics & Finance, Elsevier, vol. 105(C).
    2. Li Qi & Mousumi Akter & Hero Rana Barua Mito & Md Shahriar Kabir Sajib & Ahnaf Aiman Abdi, 2025. "South Asian cross-country impact analysis of macro-economic factors on unemployment: a quantile regression approach," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-14, December.

  3. Michael Elsby & Ryan Michaels & David Ratner, 2020. "Vacancy Chains," Working Papers 20-28, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. Axel Gottfries, 2026. "Bargaining with Renegotiation in Models with On-the-Job Search," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.

  4. Elsby, Michael & Solon, Gary, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," IZA Discussion Papers 12125, IZA Network @ LISER.

    Cited by:

    1. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2020. "Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metalworking Industry," IZA Discussion Papers 13542, IZA Network @ LISER.
    2. Alexander Bick & Adam Blandin, 2020. "The Labor Market Impact of a Pandemic: Validation and Application of a Do-It-Yourself CPS," Working Papers 2031, Federal Reserve Bank of Dallas.
    3. Daniel Monte & Roberto Pinheiro, 2021. "Labor market competition over the business cycle," Economic Inquiry, Western Economic Association International, vol. 59(4), pages 1593-1615, October.
    4. Marco Fongoni & Daniel Schaefer & Carl Singleton, 2023. "When are wages cut? The roles of incomplete contracts and employee involvement," Economics Discussion Papers em-dp2023-03, Department of Economics, University of Reading.
    5. Lechthaler, Wolfgang & Mileva, Mariya, 2024. "Trade liberalization, wage inequality, and monetary policy," Journal of International Money and Finance, Elsevier, vol. 143(C).
    6. Lennard, Jason, 2021. "Sticky wages and the Great Depression: Evidence from the United Kingdom," eabh Papers 21-01, The European Association for Banking and Financial History (EABH).
    7. Olafsdottir, Katrin, 2020. "A deep recession came with deep wage cuts," Economics Letters, Elsevier, vol. 189(C).
    8. Michael Elsby & Axel Gottfries & Pawel Krolikowski & Gary Solon, 2023. "Wage Adjustment in Efficient Long-Term Employment Relationships," Working Papers 23-23, Federal Reserve Bank of Cleveland.
    9. Daniel Schäfer & Carl Singleton, 2020. "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics working papers 2020-11, Department of Economics, Johannes Kepler University Linz, Austria.
    10. Lucifora, Claudio & Origo, Federica, 2025. "Rigid Yet Resilient: Firms' Margins of Adjustment to Demand Shocks in Regulated Labour Markets," IZA Discussion Papers 17670, IZA Network @ LISER.
    11. Guyonne Kalb & Jordy Meekes, 2020. "Wage Growth Distribution and Changes over Time: 2001-2018," Melbourne Institute Working Paper Series wp2020n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    12. Ekaterina S. Jardim & Gary Solon & Jacob L. Vigdor, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State," NBER Working Papers 25470, National Bureau of Economic Research, Inc.
    13. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    14. Chan, See-Yu & Hobler, Stephan & Van Rens, Thijs, 2025. "Why did we think wages are rigid for all those years?," The Warwick Economics Research Paper Series (TWERPS) 1577, University of Warwick, Department of Economics.
    15. Abrahams, Scott, 2024. "Downward minimum wage rigidity: Evidence from a temporary four-month increase in St. Louis," Journal of Economic Behavior & Organization, Elsevier, vol. 218(C), pages 30-47.
    16. Wolf, Martin, 2020. "Pecuniary externalities in economies with downward wage rigidity," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 219-235.
    17. André Kurmann & Erika McEntarfer, 2019. "Downward Nominal Wage Rigidity in the United States: New Evidence from Worker-Firm Linked Data," Working Papers 19-07, Center for Economic Studies, U.S. Census Bureau.
    18. Smith, Eric, 2025. "On-the-job wage dynamics," Journal of Economic Theory, Elsevier, vol. 224(C).
    19. Merkl, Christian & Stüber, Heiko, 2023. "Wage and Employment Cyclicalities at the Establishment Level," GLO Discussion Paper Series 1344, Global Labor Organization (GLO).
    20. Ladislav Suhányi & Alžbeta Suhányiová & Jaroslava Kádárová & Jaroslava Janeková, 2023. "Relationships between Average Wages in the Manufacturing Sector and Economic Indicators of the Manufacturing Sector in the Region of Visegrad Group Countries," Sustainability, MDPI, vol. 15(5), pages 1-19, February.
    21. Benjamin Born & Francesco D’Ascanio & Gernot J. Müller & Johannes Pfeifer, 2021. "Mr. Keynes Meets the Classics: Government Spending and the Real Exchange Rate," ifo Working Paper Series 352, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    22. Michael W. L. Elsby & Gary Solon, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 185-201, Summer.
    23. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2022. "Wage determination and the bite of collective contracts in Italy and Spain," Labour Economics, Elsevier, vol. 76(C).
    24. Daniel Schaefer & Carl Singleton, 2023. "The Extent of Downward Nominal Wage Rigidity: New Evidence from Payroll Data," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 60-76, December.
    25. Lucifora, Claudio & Origo, Federica, 2025. "Rigid yet resilient: Firms’ margins of adjustment to demand shocks in regulated labour markets," Labour Economics, Elsevier, vol. 94(C).
    26. Daniel Monte & Roberto Pinheiro, 2020. "Oligopsonies over the Business Cycle," Working Papers 20-06, Federal Reserve Bank of Cleveland.
    27. Osborne Jackson, 2020. "An Approach to Predicting Regional Labor Market Effects of Economic Shocks: The COVID-19 Pandemic in New England," Current Policy Perspectives 88244, Federal Reserve Bank of Boston.
    28. Jo, Yoon Joo, 2025. "Beyond the spike at zero: Understanding nominal wage rigidity through empirical and model-based approaches," Journal of International Economics, Elsevier, vol. 157(C).
    29. Bruce Fallick & Daniel Villar Vallenas & William L. Wascher, 2020. "Downward Nominal Wage Rigidity in the United States during and after the Great Recession," Working Papers 16-02R, Federal Reserve Bank of Cleveland.
    30. Ravenna, Federico & Cacciatore, Matteo, 2020. "Uncertainty, Wages, and the Business Cycle," CEPR Discussion Papers 14715, Centre for Economic Policy Research.
    31. Cortes, Guido Matias & Forsythe, Eliza, 2021. "Impacts of the COVID-19 pandemic and the CARES act on earnings and inequality," CLEF Working Paper Series 41, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    32. Kandoussi, Malak & Langot, François, 2025. "Modeling and evaluating the heterogeneous impacts of the COVID-19 on US unemployment," Economic Modelling, Elsevier, vol. 143(C).
    33. Grundmann, Susanna & Giamattei, Marcus & Graf Lambsdorff, Johann, 2020. "On the downward rigidity of wages: Evidence from an experimental labour market with monetary neutrality," Passauer Diskussionspapiere, Volkswirtschaftliche Reihe V-80-20, University of Passau, Faculty of Business and Economics.
    34. Arango, Luis E. & Rivera, Sergio A., 2022. "Moderate wage increases and flexible labour contracts to protect employment in Colombian manufacturing," Journal of Policy Modeling, Elsevier, vol. 44(3), pages 578-598.
    35. Marco Fongoni, 2025. "Costly Wage Cuts, Relative Wage Comparisons, and Unemployment Hysteresis," AMSE Working Papers 2540, Aix-Marseille School of Economics, France.
    36. Guyonne Kalb & Jordy Meekes, 2021. "Wage Growth Distribution and Changes over Time: 2001–2018," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(1), pages 76-93, March.
    37. Marco Fongoni & Daniel Schaefer & Carl Singleton, 2024. "Why Wages Don’t Fall in Jobs with Incomplete Contracts," Post-Print hal-05069573, HAL.
    38. Benjamin Friedrich & Lisa Laun & Costas Meghir & Luigi Pistaferri, 2024. "Earnings Dynamics and Firm-Level Shocks," Cowles Foundation Discussion Papers 2383, Cowles Foundation for Research in Economics, Yale University.
    39. Reizer, Balázs, 2022. "Employment and Wage Consequences of Flexible Wage Components," Labour Economics, Elsevier, vol. 78(C).
    40. Goerke, Laszlo, 2020. "An Efficiency-Wage Model with Habit Concerns about Wages," IZA Discussion Papers 13454, IZA Network @ LISER.
    41. Lachowska, Marta & Mas, Alexandre & Woodbury, Stephen A., 2022. "How reliable are administrative reports of paid work hours?," Labour Economics, Elsevier, vol. 75(C).
    42. Axel Gottfries, 2026. "Bargaining with Renegotiation in Models with On-the-Job Search," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.
    43. Davis, Steven J. & Krolikowski, Pawel M., 2023. "Sticky Wages on the Layoff Margin," IZA Discussion Papers 16351, IZA Network @ LISER.
    44. Benjamin Born & Francesco D'Ascanio & Gernot Müller & Johannes Pfeifer, 2019. "The Worst of Both Worlds: Fiscal Policy and Fixed Exchange Rates," CESifo Working Paper Series 7922, CESifo.
    45. Francesco D'Amuri & Salvatore Lattanzio & Benjamin S. Smith, 2023. "The anatomy of labor cost adjustment to demand shocks: Germany and Italy during the Great Recession," Temi di discussione (Economic working papers) 1411, Bank of Italy, Economic Research and International Relations Area.
    46. Charles Ka Yui Leung & Edward Chi Ho Tang, 2021. "The Dynamics of the House Price-to-Income Ratio: Theory and Evidence," GRU Working Paper Series GRU_2021_005, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    47. Laszlo Goerke, 2021. "Habit formation and wage determination," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 61-76, January.
    48. Johannes Matschke, 2022. "Effective Downward Nominal Wage Rigidities," Research Working Paper RWP 22-10, Federal Reserve Bank of Kansas City, revised 15 Apr 2026.
    49. Gale, William G., 2020. "Raising Revenue with a Progressive Value-Added Tax," MPRA Paper 99197, University Library of Munich, Germany.
    50. Adam, Klaus & Weber, Henning, 2024. "The optimal inflation target: Bridging the gap between theory and policy," Discussion Papers 44/2024, Deutsche Bundesbank.
    51. Anne Kathrin Funk & Daniel Kaufmann, 2022. "Do Sticky Wages Matter? New Evidence from Matched Firm Survey and Register Data," Economica, London School of Economics and Political Science, vol. 89(355), pages 689-712, July.
    52. Morten Bennedsen & Antoine Bertheau & Marianna Kudlyak & Birthe Larsen, 2025. "Why Firms Lay Off Workers Instead of Cutting Wages: Evidence from Linked Survey-Administrative Data," Working Paper Series 2025-05, Federal Reserve Bank of San Francisco.
    53. Fallick, Bruce & Villar, Daniel & Wascher, William, 2022. "Downward nominal wage rigidity in the United States in times of economic distress and low inflation," Labour Economics, Elsevier, vol. 78(C).
    54. Klaus Adam & Henning Weber, 2024. "The Optimal Inflation Target," CRC TR 224 Discussion Paper Series crctr224_2024_572, University of Bonn and University of Mannheim, Germany.
    55. Malak Kandoussi & François Langot, 2021. "On the heterogeneous impacts of the COVID-19 lockdown on US unemployment," Working Papers hal-03107369, HAL.
    56. Park, Seonyoung & Shin, Donggyun, 2019. "Inflation and wage rigidity/flexibility in the short run," Working Paper Series 20917, Victoria University of Wellington, School of Economics and Finance.
    57. Melissa van Rensburg, 2022. "The impact of New Zealand’s macroeconomic frameworks on living standards," Treasury Analytical Notes Series an22/02, New Zealand Treasury.

  5. Michael Elsby & David Ratner & Ryan Michaels, 2018. "The Wages of Nonemployment," 2018 Meeting Papers 1077, Society for Economic Dynamics.

    Cited by:

    1. Amanda Michaud & David Wiczer, 2018. "The Disability Option: Labor Market Dynamics with Macroeconomic and Health Risks," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20187, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).

  6. Michael Elsby & Ryan Michaels & David Ratner, 2017. "The Aggregate Effects of Labor Market Frictions," Working Papers 17-40, Federal Reserve Bank of Philadelphia.

    Cited by:

    1. Björn Brügemann, 2021. "Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level," Tinbergen Institute Discussion Papers 21-034/VI, Tinbergen Institute.
    2. Beverly, Josh & Stewart, Shamar L. & Neill, Clinton L., 2024. "What drives labor force participation rate variability? The case of West Virginia," Economic Modelling, Elsevier, vol. 140(C).
    3. Fatih Karahan & Benjamin Pugsley & Ayşegül Şahin, 2019. "Demographic Origins of the Startup Deficit," NBER Working Papers 25874, National Bureau of Economic Research, Inc.

  7. Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "On the Importance of the Participation Margin for Market Fluctuations," Working Paper Series 2013-05, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Tomer Blumkin & Leif Danziger & Eran Yashiv, 2016. "Optimal Unemployment Benefit Policy and the Firm Productivity Distribution," CESifo Working Paper Series 5931, CESifo.
    2. Robert E. Hall, 2014. "Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis," NBER Working Papers 20183, National Bureau of Economic Research, Inc.
    3. Troy Davig & José Mustre-del-Río, 2013. "The shadow labor supply and its implications for the unemployment rate," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 5-29.
    4. Pawel Krolikowski, 2017. "Job Ladders and Earnings of Displaced Workers," American Economic Journal: Macroeconomics, American Economic Association, vol. 9(2), pages 1-31, April.
    5. Hess T. Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner, 2015. "Assessing the Change in Labor Market Conditions," Working Papers (Old Series) 1438, Federal Reserve Bank of Cleveland.
    6. Andrew Figura & Régis Barnichon, 2015. "Declining Labor Force Attachment and Downward Trends in Unemployment and Participation," Working Papers 728, Barcelona School of Economics.
    7. Christopher L. Foote & Richard W. Ryan, 2014. "Labor-Market Polarization over the Business Cycle," NBER Chapters, in: NBER Macroeconomics Annual 2014, Volume 29, pages 371-413, National Bureau of Economic Research, Inc.
    8. Regis Barnichon & Andrew Figura, 2015. "Declining Desire to Work and Downward Trends in Unemployment and Participation," NBER Working Papers 21252, National Bureau of Economic Research, Inc.
    9. Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher Smith & William Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 45(2 (Fall)), pages 197-275.
    10. Peter A. Diamond, 2013. "Cyclical Unemployment, Structural Unemployment," NBER Working Papers 18761, National Bureau of Economic Research, Inc.
    11. Gonul Sengul & Murat Tasci, 2014. "Unemployment Flows, Participation, and the Natural Rate for Turkey," Working Papers (Old Series) 1422, Federal Reserve Bank of Cleveland.
    12. Kory Kroft & Fabian Lange & Matthew J. Notowidigdo & Matthew Tudball, 2018. "Long Time Out: Unemployment and Joblessness in Canada and the United States," NBER Working Papers 25236, National Bureau of Economic Research, Inc.
    13. Hall, R.E., 2016. "Macroeconomics of Persistent Slumps," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2131-2181, Elsevier.
    14. Kory Kroft & Fabian Lange & Matthew J. Notowidigdo & Lawrence F. Katz, 2014. "Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation," NBER Working Papers 20273, National Bureau of Economic Research, Inc.
    15. Pawel Krolikowski, 2016. "Choosing a Control Group for Displaced Workers," Working Papers (Old Series) 1605, Federal Reserve Bank of Cleveland.
    16. Steven J. Davis & John Haltiwanger, 2014. "Labor Market Fluidity and Economic Performance," NBER Working Papers 20479, National Bureau of Economic Research, Inc.
    17. Alessia Campolmi & Stefano Gnocchi, 2014. "Labor Market Participation, Unemployment and Monetary Policy," Staff Working Papers 14-9, Bank of Canada.

  8. Michael W. Elsby & Donggyun Shin & Gary Solon, 2013. "Wage Adjustment in the Great Recession," NBER Working Papers 19478, National Bureau of Economic Research, Inc.

    Cited by:

    1. Giovanni Razzu & Carl Singleton, 2014. "Gender and the Business Cycle: A Stocks and Flows Analysis of US and UK Labour Market States," Economics Discussion Papers em-dp2014-10, Department of Economics, University of Reading.
    2. John Grigsby & Erik Hurst, 2019. "Aggregate Nominal Wage Adjustments: New Evidence from Administrative Payroll Data," 2019 Meeting Papers 153, Society for Economic Dynamics.
    3. Fabio B. Gaertner & Asad Kausar & Logan B. Steele, 2020. "Negative accounting earnings and gross domestic product," Review of Accounting Studies, Springer, vol. 25(4), pages 1382-1409, December.
    4. Michael W. L. Elsby & Donggyun Shin & Gary Solon, 2016. "Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 249-291.
    5. Marczak, Martyna & Gómez, Víctor, 2015. "Cyclicality of real wages in the USA and Germany: New insights from wavelet analysis," Economic Modelling, Elsevier, vol. 47(C), pages 40-52.
    6. Christopher L. Foote & Richard W. Ryan, 2014. "Labor-Market Polarization over the Business Cycle," NBER Chapters, in: NBER Macroeconomics Annual 2014, Volume 29, pages 371-413, National Bureau of Economic Research, Inc.
    7. Boris Hirsch & Thomas Zwick, 2015. "How Selective Are Real Wage Cuts? A Micro-analysis Using Linked Employer–Employee Data," LABOUR, CEIS, vol. 29(4), pages 327-347, December.
    8. Mary Eschelbach Hansen & Michael E. Martell, 2014. "Self-Identified Sexual Orientation and the Lesbian Earnings Differential," Working Papers 2014-13, American University, Department of Economics.
    9. Christodoulopoulou, Styliani & Kouvavas, Omiros, 2022. "Wages, compositional effects and the business cycle," Working Paper Series 2653, European Central Bank.
    10. Giovanni Razzu & Carl Singleton, 2015. "Segregation and Gender Gaps through the UK's Great Recession," Economics Discussion Papers em-dp2015-02, Department of Economics, University of Reading.
    11. Michael Siemer, 2014. "Firm Entry and Employment Dynamics in the Great Recession," Finance and Economics Discussion Series 2014-56, Board of Governors of the Federal Reserve System (U.S.).
    12. Park, Seonyoung & Shin, Donggyun, 2019. "Inflation and wage rigidity/flexibility in the short run," Working Paper Series 20917, Victoria University of Wellington, School of Economics and Finance.
    13. Boris Cournède & Paula Garda & Volker Ziemann, 2015. "Effects of Economic Policies on Microeconomic Stability," OECD Economics Department Working Papers 1201, OECD Publishing.

  9. Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "The Decline of the U.S. Labor Share," Working Paper Series 2013-27, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Peter J. Stauvermann & Ronald R. Kumar, 2022. "Does more market competition lead to higher income and utility in the long run?," Bulletin of Economic Research, Wiley Blackwell, vol. 74(3), pages 761-782, July.
    2. Lippi, Francesco & Perri, Fabrizio, 2023. "Unequal growth," Journal of Monetary Economics, Elsevier, vol. 133(C), pages 1-18.
    3. Ariell Reshef & Gianluca Santoni, 2022. "Are Your Labor Shares Set in Beijing ? The View through the Lens of Global Value Chains," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-04083452, HAL.
    4. Li, Quan & Zhan, Kaiyan & Jiang, Hexin & Li, Tianshu & Zhang, Yuan, 2024. "Impact of financial regulation on labor income share: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 88(C).
    5. Arvai Kai & Mann Katja, 2022. "Consumption Inequality in the Digital Age," Working papers 890, Banque de France.
    6. Eden,Maya & Gaggl,Paul, 2015. "On the welfare implications of automation," Policy Research Working Paper Series 7487, The World Bank.
    7. Francisco Alvarez-Cuadrado & Ngo Van Long & Markus Poschke, 2016. "Capital-Labor Substitution, Structural Change and Growth," CESifo Working Paper Series 5928, CESifo.
    8. Marjan Petreski & Stefan Tanevski, 2023. "Bargain your share: The role of workers bargaining power for labor share, with reference to transition economies," Papers 2310.04904, arXiv.org.
    9. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    10. Lawrence Robert Z., 2015. "Recent Declines in Labor's Share in U.S. Income: A Preliminary Neoclassical Account," Working Paper Series rwp15-034, Harvard University, John F. Kennedy School of Government.
    11. Liu, Huilong & Wang, Yifei & Xie, Jing & Yin, Jun, 2026. "Judicial independence and firms’ labor share: Evidence from a quasi-natural experiment in China," Journal of Asian Economics, Elsevier, vol. 102(C).
    12. Abeliansky, Ana Lucia & Prettner, Klaus, 2020. "Automation and Demographic Change," GLO Discussion Paper Series 518, Global Labor Organization (GLO).
    13. Manuchehr Irandoust, 2024. "Employment and technology: Creative creation or creative destruction? An asymmetric analysis," Australian Economic Papers, Wiley Blackwell, vol. 63(2), pages 201-219, June.
    14. Ana Lucia Abeliansky & Klaus Prettner, 2021. "Population growth and automation density: theory and cross-country evidence," Department of Economics Working Papers wuwp315, Vienna University of Economics and Business, Department of Economics.
    15. d’Albis, Hippolyte & Boubtane, Ekrame & Coulibaly, Dramane, 2021. "Demographic changes and the labor income share," European Economic Review, Elsevier, vol. 131(C).
    16. Jo Michell, 2014. "Factors generating and transmitting the financial crisis; Functional distribution of income," Working papers wpaper41, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    17. Gene M. Grossman & Elhanan Helpman & Ezra Oberfield & Thomas Sampson, 2021. "Endogenous Education and Long-Run Factor Shares," American Economic Review: Insights, American Economic Association, vol. 3(2), pages 215-232, June.
    18. Roya Taherifar & Mark J. Holmes & Gazi M. Hassan, 2023. "The drivers of labour share and impact on pay inequality: A firm-level investigation," Working Papers in Economics 23/03, University of Waikato.
    19. Xu, Xiang & Li, David Daokui & Zhao, Mofei, 2018. "“Made in China” matters: Integration of the global labor market and the global labor share decline," China Economic Review, Elsevier, vol. 52(C), pages 16-29.
    20. Federico Riccio & Giovanni Dosi & Maria Enrica Virgillito, 2023. "Smile without a reason why: functional specialisation and income distribution along global value chains," LEM Papers Series 2023/31, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    21. Yu Zheng & Raul Santaeulalia & Dongya Koh, 2015. "Labor Share Decline and the Capitalization of Intellectual Property Products," 2015 Meeting Papers 844, Society for Economic Dynamics.
    22. Casacuberta, Carlos & Gandelman, Néstor, 2023. "Wage councils, product markups and wage markdowns: Evidence from Uruguay," International Journal of Industrial Organization, Elsevier, vol. 87(C).
    23. Bellocchi, Alessandro & Marin, Giovanni & Travaglini, Giuseppe, 2023. "The labor share puzzle: Empirical evidence for European countries," Economic Modelling, Elsevier, vol. 124(C).
    24. Charles I. Jones, 2014. "Pareto and Piketty: The Macroeconomics of Top Income and Wealth Inequality," NBER Working Papers 20742, National Bureau of Economic Research, Inc.
    25. Velic, Adnan, 2025. "Relative finance wages and inequality: A role for intangibles?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 103(C).
    26. Ryosuke Shimizu & Shohei Momoda, 2021. "Does Automation Technology increase Wage?," Discussion papers ron343, Policy Research Institute, Ministry of Finance Japan.
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    204. Fabrizio Leone, 2023. "Multinationals, robots and the labor share," CEP Discussion Papers dp1900, Centre for Economic Performance, LSE.
    205. Walter Paternesi Meloni & Antonella Stirati, 2021. "What has driven the delinking of wages from productivity? A political economy-based investigation for high-income economies," Working Papers PKWP2104, Post Keynesian Economics Society (PKES).
    206. Parisi, Maria Laura, 2017. "Labor market rigidity, social policies and the labor share: Empirical evidence before and after the big crisis," Economic Systems, Elsevier, vol. 41(4), pages 492-512.
    207. Poschke, Markus, 2014. "The Firm Size Distribution across Countries and Skill-Biased Change in Entrepreneurial Technology," IZA Discussion Papers 7991, IZA Network @ LISER.
    208. Si, Xu & Liu, Yulin & Wang, Jun, 2023. "Dialect diversity and labor income share in China," Economic Systems, Elsevier, vol. 47(4).
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    210. Li, Bing & Liu, Chang & Sun, Stephen Teng, 2021. "Do corporate income tax cuts decrease labor share? Regression discontinuity evidence from China," Journal of Development Economics, Elsevier, vol. 150(C).
    211. Dao, Mai Chi & Minoiu, Camelia & Ostry, Jonathan D., 2021. "Corporate investment and the real exchange rate," Journal of International Economics, Elsevier, vol. 131(C).
    212. Michał Gradzewicz & Jakub Mućk, 2024. "Globalisation and the fall of markups," The World Economy, Wiley Blackwell, vol. 47(3), pages 1089-1116, March.
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    215. Francis Green & Alan Felstead & Duncan Gallie & Golo Henseke, 2022. "Working Still Harder," ILR Review, Cornell University, ILR School, vol. 75(2), pages 458-487, March.
    216. Bellocchi, Alessandro & Saraceno, Francesco & Travaglini, Giuseppe, 2025. "Closing the productivity–wage gap in the European Union: The role of the labor share," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 689-702.
    217. Stirati, Antonella & Paternesi Meloni, Walter, 2021. "Unemployment and the wage share: a long-run exploration for major mature economies," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 330-352.
    218. Coveri, Andrea & Pianta, Mario, 2022. "Drivers of inequality: wages vs. profits in European industries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 230-242.
    219. Mertens, Matthias, 2019. "Micro-mechanisms behind declining labour shares: Market power, production processes, and global competition," IWH-CompNet Discussion Papers 3/2019, Halle Institute for Economic Research (IWH).
    220. Zheng, Zhijie & Wan, Xi & Huang, Chien-Yu, 2023. "Inflation and income inequality in a Schumpeterian economy with heterogeneous wealth and skills," Economic Modelling, Elsevier, vol. 121(C).
    221. McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Will the true labor share stand up?," Working Paper Series 1806, European Central Bank.
    222. Xue, Kunkun & Cui, Ziyi & Sun, Zepeng & Sun, Peipei, 2026. "Does digital technology increase the labor income share of enterprises?," Technological Forecasting and Social Change, Elsevier, vol. 222(C).
    223. Acharya, Sushant & Wee, Shu Lin, 2025. "On-the-job search and the productivity-wage gap," European Economic Review, Elsevier, vol. 179(C).
    224. Musa Orak, 2017. "Capital-Task Complementarity and the Decline of the U.S. Labor Share of Income," International Finance Discussion Papers 1200, Board of Governors of the Federal Reserve System (U.S.).
    225. Michele Boldrin & David K Levine & Yong Wang & Lijun Zhu, 2022. "A Theory of the Dynamics of Factor Shares," Levine's Working Paper Archive 11694000000000102, David K. Levine.
    226. Walter Paternesi Meloni & Antonella Stirati, 2023. "The decoupling between labour compensation and productivity in high‐income countries: Why is the nexus broken?," British Journal of Industrial Relations, London School of Economics, vol. 61(2), pages 425-463, June.
    227. Song, Eunbi, 2021. "What drives labor share change? Evidence from Korean industries," Economic Modelling, Elsevier, vol. 94(C), pages 370-385.
    228. Hahn, Volker & Marencak, Michal, 2018. "Price Points and Price Dynamics," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181516, Verein für Socialpolitik / German Economic Association.
    229. Agustin Velasquez, 2023. "Production Technology, Market Power, and the Decline of the Labor Share," IMF Working Papers 2023/032, International Monetary Fund.
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    232. Roman G. Smirnov & Kunpeng Wang, 2017. "In search of a new economic model determined by logistic growth," Papers 1711.02625, arXiv.org, revised Oct 2018.
    233. Émilien Gouin‐Bonenfant, 2022. "Productivity Dispersion, Between‐Firm Competition, and the Labor Share," Econometrica, Econometric Society, vol. 90(6), pages 2755-2793, November.
    234. Chu, Angus C. & Cozzi, Guido & Fan, Haichao & Furukawa, Yuichi & Liao, Chih-Hsing, 2018. "Innovation and Inequality in a Monetary Schumpeterian Model with Heterogeneous Households and Firms," MPRA Paper 84711, University Library of Munich, Germany.
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    236. Codrina Rada & Ansel Schiavone & Rudiger von Arnim, 2022. "Goodwin, Baumol & Lewis: How structural change can lead to inequality and stagnation," Metroeconomica, Wiley Blackwell, vol. 73(4), pages 1070-1093, November.
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  10. Ryan Michaels & Michael Elsby, 2012. "Fixed Adjustment Costs and Aggregate Fluctuations," 2012 Meeting Papers 679, Society for Economic Dynamics.

    Cited by:

    1. Isaac Baley & Andrés Blanco, 2019. "Aggregate dynamics in lumpy economies," Economics Working Papers 1670, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Simon Naitram, 2022. "How big are strategic spillovers from corporate tax competition?," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 847-869, April.
    3. DongIk Kang & Andrew Usher, 2023. "Does Product Revenue Matter for Price Setting and Monetary Policy Transmission?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 297-345, January.

  11. Michael Elsby & Bart Hobijn & Ayşegül Şahin & Robert G. Valletta, 2011. "The labor market in the Great Recession: an update," Working Paper Series 2011-29, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Elsby, Michael W.L. & Hobijn, Bart & Şahin, Ayşegül, 2015. "On the importance of the participation margin for labor market fluctuations," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 64-82.
    2. Lange, Fabian & Kudlyak, Marianna, 2014. "Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories," IZA Discussion Papers 8663, IZA Network @ LISER.
    3. Fabian Lange & Theodore Papageorgiou, 2020. "Beyond Cobb-Douglas: Flexibly Estimating Matching Functions with Unobserved Matching Efficiency," NBER Working Papers 26972, National Bureau of Economic Research, Inc.
    4. 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.
    5. Kyong Hyun Koo, 2016. "The Evolution of Earnings Volatility During and After the Great Recession," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 55(4), pages 705-732, October.
    6. Nicholas Apergis & Ibrahim Arisoy, 2017. "Unemployment and labor force participation across the US States: new evidence from panel data," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 67(4), pages 45-84, October-D.
    7. Ronald Bachmann & Mathias Sinning, 2016. "Decomposing the Ins and Outs of Cyclical Unemployment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(6), pages 853-876, December.
    8. Andreas Hornstein, 2012. "Accounting for unemployment: the long and short of it," Working Paper 12-07, Federal Reserve Bank of Richmond.
    9. Richard B. Freeman, 2013. "Failing the Test? The Flexible U.S. Job Market in the Great Recession," NBER Working Papers 19587, National Bureau of Economic Research, Inc.
    10. Eliza Forsythe & Lisa B. Kahn & Fabian Lange & David G. Wiczer, 2020. "Searching, Recalls, and Tightness: An Interim Report on the COVID Labor Market," NBER Working Papers 28083, National Bureau of Economic Research, Inc.
    11. Jaison R. Abel & Richard Deitz, 2015. "Underemployment in the early careers of college graduates following the Great Recession," Staff Reports 749, Federal Reserve Bank of New York.
    12. Rui M. Pereira, 2013. "Okun's Law across the Business Cycle and during the Great Recession: A Markov Switching Analysis," Working Papers 139, Economics Department, William & Mary.
    13. Takhtamanova, Yelena & Sierminska, Eva, 2017. "Impact of the Great Recession on industry unemployment: a 1976-2011 comparison," MERIT Working Papers 2017-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    14. Khalifa, Sherif, 2015. "Learning-by-doing and unemployment dynamics," Economic Modelling, Elsevier, vol. 44(C), pages 180-187.
    15. 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.
    16. Marianna Kudlyak & Felipe Schwartzman, 2012. "Accounting for unemployment in the Great Recession : nonparticipation matters," Working Paper 12-04, Federal Reserve Bank of Richmond.
    17. Kroft, Kory & Lange, Fabian & Notowidigdo, Matthew J. & Katz, Lawrence F., 2016. "Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Nonparticipation," Scholarly Articles 27731427, Harvard University Department of Economics.
    18. Forsythe, Eliza & Kahn, Lisa B. & Lange, Fabian & Wiczer, David, 2022. "Where have all the workers gone? Recalls, retirements, and reallocation in the COVID recovery," Labour Economics, Elsevier, vol. 78(C).
    19. Stéphane Auray & Aurélien Eyquem & Paul Gomme, 2016. "Debt Hangover in the Aftermath of the Great Recession," Working Papers 2016-02, Center for Research in Economics and Statistics.
    20. Sedláček, Petr, 2014. "Match efficiency and firms' hiring standards," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 123-133.
    21. Bellmann, Lutz & Hübler, Olaf, 2014. "Skill Shortages in German Establishments," IZA Discussion Papers 8290, IZA Network @ LISER.
    22. Toshihiko Mukoyama & Mototsugu Shintani & Kazuhiro Teramoto, 2018. "Cyclical Part-Time Employment in an Estimated New Keynesian Model with Search Frictions," Working Papers gueconwpa~18-18-04, Georgetown University, Department of Economics.
    23. Bellmann Lutz & Hübler Olaf, 2014. "The Skill Shortage in German Establishments Before, During and After the Great Recession," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 234(6), pages 800-828, December.
    24. Robert E. Hall & Sam Schulhofer-Wohl, 2015. "Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers," Working Papers 721, Federal Reserve Bank of Minneapolis.
    25. Arpaia, Alfonso & Kiss, Aron & Turrini, Alessandro, 2014. "Is Unemployment Structural or Cyclical? Main Features of Job Matching in the EU after the Crisis," IZA Policy Papers 91, Institute of Labor Economics (IZA).
    26. Fujita, Shigeru, 2018. "Declining labor turnover and turbulence," Journal of Monetary Economics, Elsevier, vol. 99(C), pages 1-19.
    27. Andreas I. Mueller, 2017. "Separations, Sorting, and Cyclical Unemployment," American Economic Review, American Economic Association, vol. 107(7), pages 2081-2107, July.
    28. Costas KARFAKIS & Constantinos KATRAKILIDIS & Eftychia TSANANA, 2014. "Does output predict unemployment? A look at Okun's law in Greece," International Labour Review, International Labour Organization, vol. 153(3), pages 421-433, September.
    29. Dickens William T. & Triest Robert K., 2012. "Potential Effects of the Great Recession on the U.S. Labor Market," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(3), pages 1-41, October.

  12. Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2011. "Unemployment Dynamics in the OECD," Working Paper Series 2009-04, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Elsby, Michael W.L. & Hobijn, Bart & Şahin, Ayşegül, 2015. "On the importance of the participation margin for labor market fluctuations," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 64-82.
    2. Luisito Bertinelli & Olivier Cardi & Romain Restout, 2016. "Technical change biased toward the traded sector and labor market frictions," Working Papers of BETA 2016-05, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Florian Hoffmann & Thomas Lemieux, 2016. "Unemployment in the Great Recession: A Comparison of Germany, Canada, and the United States," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 95-139.
    4. Josué Diwambuena & Raquel Fonseca & Stefan Schubert, 2021. "Italian Labour Frictions and Wage Rigidities in an Estimated DSGE," CIRANO Working Papers 2021s-33, CIRANO.
    5. Yusuf Mercan & Benjamin Schoefer & Petr Sedláček, 2020. "A Congestion Theory of Unemployment Fluctuations," CESifo Working Paper Series 8731, CESifo.
    6. Maurizio Baussola & Chiara Mussida, 2014. "Transitions in the Labour Market: Discouragement Effect and Individual Characteristics," LABOUR, CEIS, vol. 28(2), pages 209-232, June.
    7. Damir Stijepic, 2021. "A cross-country study of skills and unemployment flows," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 55(1), pages 1-30, December.
    8. Moritz Kuhn & Philip Jung, 2015. "What hides behind the German labor market miracle? A macroeconomic analysis," 2015 Meeting Papers 614, Society for Economic Dynamics.
    9. Paula Garda & Volker Ziemann, 2014. "Economic Policies and Microeconomic Stability: A Literature Review and Some Empirics," OECD Economics Department Working Papers 1115, OECD Publishing.
    10. Ponomareva, Natalia & Sheen, Jeffrey, 2013. "Australian labor market dynamics across the ages," Economic Modelling, Elsevier, vol. 35(C), pages 453-463.
    11. Stupnytska, Yuliia, 2015. "Asymmetric information in a search model with social contacts," Center for Mathematical Economics Working Papers 548, Center for Mathematical Economics, Bielefeld University.
    12. Naval, Joaquín & Silva, José I. & Vázquez-Grenno, Javier, 2020. "Employment effects of on-the-job human capital acquisition," Labour Economics, Elsevier, vol. 67(C).
    13. Yvonne Adema & Kees Folmer & Gerrit Hugo Heuvelen & Sonny Kuijpers & Rob Luginbuhl & Bas Scheer, 2020. "Unemployment Forecasts: Room for Improvement?," De Economist, Springer, vol. 168(3), pages 403-417, September.
    14. Ngai, L. Rachel & Sheedy, Kevin D., 2023. "The Ins and Outs of Selling Houses: Understanding Housing-Market Volatility," IZA Discussion Papers 16603, IZA Network @ LISER.
    15. Mary C. Daly & Bart Hobijn & Aysegül Sahin & Robert G. Valletta, 2012. "A Search and Matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise?," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 3-26, Summer.
    16. Pedro S. Amaral & Murat Tasci, 2014. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries," Koç University-TUSIAD Economic Research Forum Working Papers 1405, Koc University-TUSIAD Economic Research Forum.
    17. François Langot & Alessandra Pizzo, 2015. "Accounting for Labor GAPS," Working Papers Central Bank of Chile 757, Central Bank of Chile.
    18. Julien Albertini & Arthur Poirier & Thepthida Sopraseuth, 2019. "Informal Work along the Business Cycle: Evidence from Argentina," Working Papers 1916, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
    19. Battisti, Michele & Michaels, Ryan & Park, Choonsung, 2023. "Labor Supply within the Firm," IZA Discussion Papers 16414, IZA Network @ LISER.
    20. Hertweck, Matthias Sebastian & Sigrist, Oliver, 2013. "The Aggregate Effects of the Hartz Reforms in Germany," Working papers 2013/01, Faculty of Business and Economics - University of Basel.
    21. Jean-Olivier Hairault & Thomas Le Barbanchon & Thepthida Sopraseuth, 2013. "The cyclicality of the separation and job finding rates in France," Thema Working Papers 2013-07, THEMA (Théorie Economique, Modélisation et Applications), CY Cergy-Paris University, ESSEC and CNRS.
    22. Sara De la Rica & Yolanda F. Rebollo-Sanz, 2015. "Gender Differentials in Unemployment Ins and Outs during the Great Recession in Spain," Studies on the Spanish Economy eee2015-18, FEDEA.
    23. Gali, Jordi & van Rens, Thijs, "undated". "The Vanishing Procyclicality of Labor Productivity," Economic Research Papers 270221, University of Warwick - Department of Economics.
    24. Sala, Luca & Söderström, Ulf & Trigari, Antonella, 2012. "Structural and Cyclical Forces in the Labor Market During the Great Recession: Cross-Country Evidence," Working Paper Series 264, Sveriges Riksbank (Central Bank of Sweden).
    25. Fabrice Murtin & Jean-Marc Robin, 2014. "Labor market reforms and unemployment dynamics," Sciences Po Economics Publications (main) hal-03602692, HAL.
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    193. Renato Faccini & Chiara Rosazza Bondibene, 2012. "Labour market institutions and unemployment volatility: evidence from OECD countries," Bank of England Staff Working Paper series 461, Bank of England.
    194. Arpaia, Alfonso & Kiss, Aron & Turrini, Alessandro, 2014. "Is Unemployment Structural or Cyclical? Main Features of Job Matching in the EU after the Crisis," IZA Policy Papers 91, Institute of Labor Economics (IZA).
    195. Mary Daly & Bart Hobijn & Aysegul Sahin & Robert Valletta, 2011. "A Rising Natural Rate of Unemployment: Transitory or Permanent?," Tinbergen Institute Discussion Papers 11-160/3, Tinbergen Institute.
    196. Ahmed Tritah, 2016. "Endogenous wage rigidities, human capital accumulation and growth," TEPP Working Paper 2016-08, TEPP.
    197. Brian Silverstone & Will Bell, 2011. "Gross Labour Market Flows in New Zealand: Some Questions and Answers," Working Papers in Economics 11/15, University of Waikato.
    198. Robert Anderton & Benedetta Di Lupidio, 2019. "Effects of labour and product market regulation on worker flows: Evidence for the euro area using micro data," Discussion Papers 2019-01, University of Nottingham, GEP.
    199. Macarena García & Alberto Naudon, 2012. "Dinámica Laboral en Chile," Working Papers Central Bank of Chile 659, Central Bank of Chile.
    200. Jung, Philip & Kuhn, Moritz, 2011. "Labor Market Rigidity and Business Cycle Volatility," MPRA Paper 48946, University Library of Munich, Germany.
    201. Jonathan Garita-Garita & Catalina Sandoval-Alvarado, 2023. "Estimating Labor Market Slackness in Costa Rica," Documentos de Trabajo 2302, Banco Central de Costa Rica.
    202. Samuel Danthine & Markus Poschke & Stephane Auray, 2016. "Understanding Severance Pay Determination: Mandates, Bargaining, and Unions," 2016 Meeting Papers 967, Society for Economic Dynamics.
    203. Rüdiger Bachmann & Daniel H. Cooper, 2012. "Cyclical and sectoral transitions in the U.S. housing market," Working Papers 12-17, Federal Reserve Bank of Boston.
    204. Kolasa, Marcin & Rubaszek, Michał & Walerych, Małgorzata, 2019. "Are flexible working hours helpful in stabilizing unemployment?," Bank of Finland Research Discussion Papers 24/2019, Bank of Finland.
    205. Cazzuffi, Chiara & Pereira-López, Mariana & Rosales, Irving & Soloaga, Isidro, 2023. "Monopsony Power and Labor Income Inequality in Mexico," IDB Publications (Working Papers) 13044, Inter-American Development Bank.
    206. Laura Barbieri & Chiara Mussida, 2018. "Structural differences across macroregions: an empirical investigation," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 45(2), pages 215-246, May.
    207. Kolasa, Marcin & Rubaszek, Michał & Walerych, Małgorzata, 2021. "Do flexible working hours amplify or stabilize unemployment fluctuations?," European Economic Review, Elsevier, vol. 131(C).
    208. Gorry, Aspen, 2013. "Minimum wages and youth unemployment," European Economic Review, Elsevier, vol. 64(C), pages 57-75.
    209. Ekkehard Ernst, 2019. "Finance and Jobs: How Financial Markets and Prudential Regulation Shape Unemployment Dynamics," JRFM, MDPI, vol. 12(1), pages 1-30, January.
    210. Ajax Moreira & Miguel N. Foguel & Carlos Henrique Corseuil, 2021. "The ins and outs of unemployment over different time horizons," Empirical Economics, Springer, vol. 60(5), pages 2533-2556, May.
    211. Lozej, Matija, 2019. "Economic migration and business cycles in a small open economy with matching frictions," Economic Modelling, Elsevier, vol. 81(C), pages 604-620.
    212. Mitman, Kurt & Rabinovich, Stanislav, 2024. "Do unemployment benefit extensions explain the emergence of jobless recoveries?," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    213. Kourogenis, Nikolaos & Pittis, Nikitas & Samartzis, Panagiotis, 2024. "Unbounded heteroscedasticity in autoregressive models," The Journal of Economic Asymmetries, Elsevier, vol. 29(C).
    214. Albertini, Julien & Hairault, Jean-Olivier & Langot, François & Sopraseuth, Thepthida, 2017. "A Tale of Two Countries: A Story of the French and US Polarization," IZA Discussion Papers 11013, IZA Network @ LISER.
    215. Alexiadis, Stilianos & Eleftheriou, Konstantinos & Nijkamp, Peter, 2013. "Technology adoption within a search model: Evidence from OECD countries," Economic Modelling, Elsevier, vol. 33(C), pages 137-148.
    216. Abbritti, Mirko & Consolo, Agostino, 2024. "Labour market skills, endogenous productivity and business cycles," European Economic Review, Elsevier, vol. 170(C).
    217. Albertini, Julien & Auray, Stéphane & Bouakez, Hafedh & Eyquem, Aurélien, 2021. "Taking off into the wind: Unemployment risk and state-Dependent government spending multipliers," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 990-1007.
    218. Sergio Destefanis & Matteo Fragetta & Giuseppe Mastromatteo & Nazzareno Ruggiero, 2020. "The Beveridge curve in the OECD before and after the great recession," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(3), pages 411-436, September.
    219. Ronald Bachmann & Rahel Felder, 2021. "Labour market transitions, shocks and institutions in turbulent times: a cross-country analysis," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(2), pages 329-352, May.
    220. Consolo, Agostino & Foroni, Claudia & Martínez Hernández, Catalina, 2021. "A mixed frequency BVAR for the euro area labour market," Working Paper Series 2601, European Central Bank.
    221. Esther Pérez & Yao Yao, 2015. "Can institutional reform reduce job destruction and unemployment duration? Yes it can," Empirical Economics, Springer, vol. 49(3), pages 961-983, November.
    222. Cook, David & Xu, Juanyi, 2015. "Eurosclerosis and international business cycles," Journal of International Economics, Elsevier, vol. 95(1), pages 54-67.
    223. Gomes, Pedro, 2012. "Labour market flows: Facts from the United Kingdom," Labour Economics, Elsevier, vol. 19(2), pages 165-175.
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    225. Viviana Alejandra Alfonso C., 2015. "The cyclical behavior of separation and job finding rates in Colombia," Borradores de Economia 910, Banco de la Republica de Colombia.
    226. Hiroaki Miyamoto, 2025. "Macroeconomic facts in the Japanese labor market: survey," The Japanese Economic Review, Springer, vol. 76(3), pages 621-666, July.
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    228. Yamil Arturo Chandía-Rodríguez & Rodrigo Linfati & Guillermo Murillo-Vargas & John Willmer Escobar, 2024. "Valuation of Active Chilean Employment Support Policies Seeking Economic Sustainability through Market Flows," Sustainability, MDPI, vol. 16(2), pages 1-20, January.
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  13. Régis Barnichon & Bart Hobijn & Ayşegül Şahin, 2010. "Which industries are shifting the Beveridge curve?," Working Paper Series 2010-32, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Erin Wolcott, 2018. "Employment Inequality: Why Do the Low-Skilled Work Less Now?," 2018 Meeting Papers 487, Society for Economic Dynamics.
    2. Andrew Figura & Régis Barnichon, 2015. "Labor Market Heterogeneity and the Aggregate Matching Function," Working Papers 727, Barcelona School of Economics.
    3. Mary C. Daly & Bart Hobijn & Aysegül Sahin & Robert G. Valletta, 2012. "A Search and Matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise?," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 3-26, Summer.
    4. David R. Howell & Bert M. Azizoglu, 2011. "Unemployment Benefits and Work Incentives: The U.S. Labor Market in the Great Recession (revised)," Working Papers wp257_revised, Political Economy Research Institute, University of Massachusetts at Amherst.
    5. Peter Cappelli, 2014. "Skill Gaps, Skill Shortages and Skill Mismatches: Evidence for the US," NBER Working Papers 20382, National Bureau of Economic Research, Inc.
    6. Daly, Mary C. & Hobijn, Bart & Valletta, Robert G., 2011. "The Recent Evolution of the Natural Rate of Unemployment," IZA Discussion Papers 5832, IZA Network @ LISER.
    7. Bart Hobijn & Ayşegül Şahin, 2012. "Beveridge Curve Shifts across Countries since the Great Recession," Working Paper Series 2012-24, Federal Reserve Bank of San Francisco.
    8. Plamen Nenov, 2013. "Regional Mismatch and Labor Reallocation in an Equilibrium Model of Migration," 2013 Meeting Papers 565, Society for Economic Dynamics.
    9. Zinzhu Chen & Prakash Kannan & Prakash Loungani & Bharat Trehan, 2011. "New evidence on cyclical and structural sources of unemployment," Working Paper Series 2011-17, Federal Reserve Bank of San Francisco.
    10. Bricker, Jesse & Bucks, Brian, 2016. "Negative home equity, economic insecurity, and household mobility over the Great Recession," Journal of Urban Economics, Elsevier, vol. 91(C), pages 1-12.
    11. Bonthuis, Boele & Jarvis, Valerie & Vanhala, Juuso, 2015. "Shifts in euro area Beveridge curves and their determinants," Bank of Finland Research Discussion Papers 2/2015, Bank of Finland.
    12. Peter A. Diamond, 2010. "Unemployment, Vacancies, Wages," Nobel Prize in Economics documents 2010-7, Nobel Prize Committee.
    13. Edward P. Lazear & James R. Spletzer, 2012. "The United States Labor Market: Status Quo or A New Normal?," Working Papers 12-28, Center for Economic Studies, U.S. Census Bureau.
    14. Mary C. Daly & Bast Hobijn & Ayşeqül Şahin & Robert G. Valletta, 2012. "Rynki pracy w modelu poszukiwań i dopasowań: czy naturalna stopa bezrobocia rzeczywiście wzrosła?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 147-172.
    15. Leythienne, Jean Fernand, 2024. "Is euro area at full employment ? — A diagnosis from the Beveridge curve," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 322-340.
    16. Peter A. Diamond, 2013. "Cyclical Unemployment, Structural Unemployment," NBER Working Papers 18761, National Bureau of Economic Research, Inc.
    17. Bart Hobijn, 2012. "The industry-occupation mix of U.S. job openings and hires," Working Paper Series 2012-09, Federal Reserve Bank of San Francisco.
    18. Michael Elsby & Bart Hobijn & Ayşegül Şahin & Robert G. Valletta, 2011. "The labor market in the Great Recession: an update," Working Paper Series 2011-29, Federal Reserve Bank of San Francisco.
    19. Gabriel P. Mathy, 2018. "Hysteresis and persistent long-term unemployment: the American Beveridge Curve of the Great Depression and World War II," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(1), pages 127-152, January.
    20. Vanhala, Juuso & Bonthuis, Boele & Jarvis, Valerie, 2013. "What’s going on behind the euro area Beveridge curve(s)?," Working Paper Series 1586, European Central Bank.
    21. Dolan Antenucci & Michael Cafarella & Margaret Levenstein & Christopher Ré & Matthew D. Shapiro, 2014. "Using Social Media to Measure Labor Market Flows," NBER Working Papers 20010, National Bureau of Economic Research, Inc.
    22. Richard Raines & Jungho Baek, 2016. "The Recent Evolution of the U.S. Beveridge Curve: Evidence from the ARDL Approach," Review of Economics & Finance, Better Advances Press, Canada, vol. 6, pages 14-24, August.
    23. Arpaia, Alfonso & Kiss, Aron & Turrini, Alessandro, 2014. "Is Unemployment Structural or Cyclical? Main Features of Job Matching in the EU after the Crisis," IZA Policy Papers 91, Institute of Labor Economics (IZA).
    24. David Howell, Bert M. Azizoglu, 2011. "Unemployment Benefits and Work Incentives: The U.S. Labor Market in the Great Recession," SCEPA working paper series. 2011-7, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    25. Christopher L. Foote & Richard W. Ryan, 2012. "Labor-market polarization over the business cycle," Public Policy Discussion Paper 12-8, Federal Reserve Bank of Boston.
    26. Neil Mehrotra & Dmitriy Sergeyev, 2013. "Sectoral Shocks, the Beveridge Curve and Monetary Policy," 2013 Meeting Papers 919, Society for Economic Dynamics.

  14. Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2010. "The labor market in the Great Recession," Working Paper Series 2010-07, Federal Reserve Bank of San Francisco.

    Cited by:

    1. Ayşegül Şahin & Jonathan L. Willis, 2011. "Employment patterns during the recovery: Who are getting the jobs and why?," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 5-34.
    2. Daouli, Joan & Demoussis, Michael & Giannakopoulos, Nicholas & Lambropoulou, Nikolitsa, 2015. "The ins and outs of Greek unemployment in the Great Depression," MPRA Paper 66299, University Library of Munich, Germany.
    3. Andreas Hornstein & Marianna Kudlyak, 2019. "Aggregate Labor Force Participation and Unemployment and Demographic Trends," Working Paper 19-8, Federal Reserve Bank of Richmond.
    4. Maria A. Arias & Charles S. Gascon & David E. Rapach, 2014. "Metro Business Cycles," Working Papers 2014-46, Federal Reserve Bank of St. Louis.
    5. Chassamboulli, Andri, 2013. "Labor-market volatility in a matching model with worker heterogeneity and endogenous separations," Labour Economics, Elsevier, vol. 24(C), pages 217-229.
    6. Todd Gabe & Richard Florida & Charlotta Mellander, 2012. "The Creative Class and the crisis," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 6(1), pages 37-53.
    7. Andrew Figura & Régis Barnichon, 2015. "Labor Market Heterogeneity and the Aggregate Matching Function," Working Papers 727, Barcelona School of Economics.
    8. Cynthia A. Bansa & Martha A. Starr, 2011. "Distributional costs of the housing-price bust," Working Papers 2011-04, American University, Department of Economics.
    9. Makoto Nakajima, 2013. "The diverse impacts of the great recession," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 17-29.
    10. Petrosky-Nadeau, Nicolas, 2013. "TFP during a credit crunch," Journal of Economic Theory, Elsevier, vol. 148(3), pages 1150-1178.
    11. Eleni Iliopulos & Thepthida Sopraseuth, 2012. "L'intermédiation financière dans l'analyse macroéconomique : Le défi de la crise," PSE-Ecole d'économie de Paris (Postprint) halshs-00744047, HAL.
    12. Venke Furre Haaland, 2016. "The lost generation: Effects of youth labor market opportunities on long-term labor market outcomes," Discussion Papers 835, Statistics Norway, Research Department.
    13. Violante, Giovanni & Topa, Giorgio & Sahin, Aysegul & Song, Joseph, 2012. "Mismatch Unemployment," CEPR Discussion Papers 9093, Centre for Economic Policy Research.
    14. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2014. "Why is Old Workers' Labor Market more Volatile? Unemployment Fluctuations over the Life-Cycle," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00972291, HAL.
    15. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," PSE Working Papers halshs-03243698, HAL.
    16. Kory Kroft & Fabian Lange & Matthew J. Notowidigdo & Lawrence F. Katz, 2016. "Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Nonparticipation," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 7-54.
    17. Rodrigo Mesa-Arango & Badri Narayanan & Satish V. Ukkusuri, 2019. "The Impact of International Crises on Maritime Transportation Based Global Value Chains," Networks and Spatial Economics, Springer, vol. 19(2), pages 381-408, June.
    18. Christopher D. Blake, 2022. "A method for comparing compensation and productivity levels across US regions," SN Business & Economics, Springer, vol. 2(12), pages 1-30, December.
    19. Hie Joo Ahn & Leland D. Crane, 2020. "Dynamic Beveridge Curve Accounting," Finance and Economics Discussion Series 2020-027, Board of Governors of the Federal Reserve System (U.S.).
    20. Adela Luque & Maggie R. Jones, 2016. "Differences in Self-employment Duration by Year of Entry & Pre-entry," CARRA Working Papers 2016-09, Center for Economic Studies, U.S. Census Bureau.
    21. Giovanni Razzu & Carl Singleton, 2014. "Gender and the Business Cycle: A Stocks and Flows Analysis of US and UK Labour Market States," Economics Discussion Papers em-dp2014-10, Department of Economics, University of Reading.
    22. Choi, Sangyup & Furceri, Davide & Yoo, Seung Yong, 2024. "Heterogeneity in the effects of uncertainty shocks on labor market dynamics and extensive vs. intensive margins of adjustment," Journal of Economic Dynamics and Control, Elsevier, vol. 162(C).
    23. Scott Baum & William Mitchell, 2022. "Employment Outcomes for Men and Women Following an Economic Downturn: Labour Underutilisation in Australia," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 65(1), pages 85-101, March.
    24. Mariola Piłatowska & Dorota Witkowska, 2022. "Gender Segregation at Work over Business Cycle—Evidence from Selected EU Countries," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    25. Jaison R. Abel & Richard Deitz, 2016. "Underemployment in the Early Careers of College Graduates Following the Great Recession," NBER Working Papers 22654, National Bureau of Economic Research, Inc.
    26. Jiang, Ye & Zhang, Tonglong, 2025. "When economic downturn hits bottom workers: Labor market entry conditions and long-term career effects," China Economic Review, Elsevier, vol. 91(C).
    27. Alexandre Janiaka & Paulo Santos Monteiro, 2014. "Towards a quantitative theory of automatic stabilizers: the role of demographics," Discussion Papers 14/23, Department of Economics, University of York.
    28. Rebecca Craigie & David Gillmore & Nicolas Groshenny, 2012. "Matching workers with jobs:how well is the New Zealand labour market doing?," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 75, pages 3-12, December.
    29. Richard K. Crump & Stefano Eusepi & Marc Giannoni & Ayşegül Şahin, 2019. "A unified approach to measuring u," Staff Reports 889, Federal Reserve Bank of New York.
    30. David R. Howell & Bert M. Azizoglu, 2011. "Unemployment Benefits and Work Incentives: The U.S. Labor Market in the Great Recession (revised)," Working Papers wp257_revised, Political Economy Research Institute, University of Massachusetts at Amherst.
    31. Burcu Duygan-Bump & Alexey Leykov & Judit Montoriol-Garriga, 2014. "Financing Constraints and Unemployment: Evidence from the Great Recession," Finance and Economics Discussion Series 2014-92, Board of Governors of the Federal Reserve System (U.S.).
    32. Casey B. Mulligan, 2011. "The Expanding Social Safety Net," NBER Working Papers 17654, National Bureau of Economic Research, Inc.
    33. Lance Lochner & Alexander Monge-Naranjo, 2015. "Student Loans and Repayment: Theory, Evidence and Policy," Working Paper series 15-11, Rimini Centre for Economic Analysis.
    34. Daly, Mary C. & Hobijn, Bart & Valletta, Robert G., 2011. "The Recent Evolution of the Natural Rate of Unemployment," IZA Discussion Papers 5832, IZA Network @ LISER.
    35. Reitz, Stefan & Slopek, Ulf D., 2012. "Fixing the Phillips curve: The case of downward nominal wage rigidity in the US," Kiel Working Papers 1795, Kiel Institute for the World Economy.
    36. Olivier Charlot & Idriss Fontaine & Thepthida Sopraseuth, 2020. "Employment Fluctuations, Job Polarization and Non-Standard Work: Evidence from France and the US," Working Papers hal-02441207, HAL.
    37. Pedro Brinca & Joao B. Duarte & Miguel Faria-e-Castro, 2020. "Measuring Labor Supply and Demand Shocks during COVID-19," Working Papers 2020-011, Federal Reserve Bank of St. Louis, revised Jul 2021.
    38. Demiralp, Berna & Gantt, Bonnie B. & Selover, David D., 2011. "Modeling unemployment as an inventory: A multicointegration approach," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 724-737.
    39. 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.
    40. Beck, Audrey N. & Finch, Brian K. & Lin, Shih-Fan & Hummer, Robert A. & Masters, Ryan K., 2014. "Racial disparities in self-rated health: Trends, explanatory factors, and the changing role of socio-demographics," Social Science & Medicine, Elsevier, vol. 104(C), pages 163-177.
    41. Bruce Fallick & John Haltiwanger & Erika McEntarfer, 2012. "Job-to-job flows and the consequences of job separations," Finance and Economics Discussion Series 2012-73, Board of Governors of the Federal Reserve System (U.S.).
    42. Gabriel Chodorow-Reich, 2017. "Geographic Cross-Sectional Fiscal Multipliers: What Have We Learned?," 2017 Meeting Papers 1214, Society for Economic Dynamics.
    43. Michael W. Elsby & Donggyun Shin & Gary Solon, 2013. "Wage Adjustment in the Great Recession," NBER Working Papers 19478, National Bureau of Economic Research, Inc.
    44. Alexandre Ounnas, 2020. "Worker Flows, Occupations and the Dynamics of Unemployment and Labor Force Participation," LIDAM Discussion Papers IRES 2020009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    45. Holzer, Harry J., 2012. "Raising Job Quality and Worker Skills in the US: Creating More Effective Education and Workforce Development Systems in States," IZA Policy Papers 42, Institute of Labor Economics (IZA).
    46. Jonathan Heathcote & Fabrizio Perri & Gianluca Violante, 2020. "The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 181-204, August.
    47. Joan Daouli & Michael Demoussis & Nicholas Giannakopoulos & Nikolitsa Lampropoulou, 2015. "The Ins and Outs of Unemployment in the Current Greek Economic Crisis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 13(2), pages 177-196.
    48. Bruno Decreuse & Linas Tarasonis, 2016. "Statistical Statistical Discrimination in a Search Equilibrium Model: Racial Wage and Employment Disparities in the US," AMSE Working Papers 1621, Aix-Marseille School of Economics, France.
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    256. Chacon-Hurtado, Davis & Kumar, Indraneel & Gkritza, Konstantina & Fricker, Jon D. & Beaulieu, Lionel J., 2020. "The role of transportation accessibility in regional economic resilience," Journal of Transport Geography, Elsevier, vol. 84(C).
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  15. Elsby, Michael W. L. & Smith, Jennifer C. & Wadsworth, Jonathan, 2010. "The role of worker flows in the dynamics and distribution of UK unemployment," Economic Research Papers 270762, University of Warwick - Department of Economics.

    Cited by:

    1. Elsby, Michael W.L. & Hobijn, Bart & Şahin, Ayşegül, 2015. "On the importance of the participation margin for labor market fluctuations," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 64-82.
    2. Daouli, Joan & Demoussis, Michael & Giannakopoulos, Nicholas & Lambropoulou, Nikolitsa, 2015. "The ins and outs of Greek unemployment in the Great Depression," MPRA Paper 66299, University Library of Munich, Germany.
    3. Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows : Accounting for the public sector," Working Papers hal-02334064, HAL.
    4. Paaritosh Nath & Rahul Menon, 2024. "Labour Market Flows and Gender Differentials in Urban Unemployment over the Pandemic," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 67(1), pages 73-96, March.
    5. Cahuc, Pierre & Malherbet, Franck & Prat, Julien, 2019. "The Detrimental Effect of Job Protection on Employment: Evidence from France," CEPR Discussion Papers 13767, Centre for Economic Policy Research.
    6. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2014. "Why is Old Workers' Labor Market more Volatile? Unemployment Fluctuations over the Life-Cycle," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00972291, HAL.
    7. Jones, Andrew M. & Rice, Nigel & Zantomio, Francesca, 2020. "Acute health shocks and labour market outcomes: Evidence from the post crash era," Economics & Human Biology, Elsevier, vol. 36(C).
    8. Giovanni Razzu & Carl Singleton, 2014. "Gender and the Business Cycle: A Stocks and Flows Analysis of US and UK Labour Market States," Economics Discussion Papers em-dp2014-10, Department of Economics, University of Reading.
    9. Alireza Sepahsalari, 2016. "Financial Market Imperfections and Labour Market Outcomes," Discussion Papers 1624, Centre for Macroeconomics (CFM).
    10. Carl Singleton, 2016. "Long-term unemployment and the Great Recession: Evidence from UK stocks and flows," Edinburgh School of Economics Discussion Paper Series 273, Edinburgh School of Economics, University of Edinburgh.
    11. Andrew M. Jones & Nigel Rice & Francesca Zantomio, 2016. "Acute health shocks and labour market outcomes," Working Papers 2016:09, Department of Economics, University of Venice "Ca' Foscari".
    12. Cappellari, Lorenzo & Jenkins, Stephen P., 2014. "Earnings and labour market volatility in Britain, with a transatlantic comparison," LSE Research Online Documents on Economics 57302, London School of Economics and Political Science, LSE Library.
    13. Joan Daouli & Michael Demoussis & Nicholas Giannakopoulos & Nikolitsa Lampropoulou, 2015. "The Ins and Outs of Unemployment in the Current Greek Economic Crisis," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 13(2), pages 177-196.
    14. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2019. "Unemployment fluctuations over the life cycle," Post-Print halshs-02103164, HAL.
    15. Vladislav Flek & Martin Hála & Martina Mysíková, 2018. "Nezaměstnanost a věková segmentace trhu práce [Unemployment and Age-based Labor Market Segmentation]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(6), pages 709-731.
    16. Ieva Brauksa & Ludmila Fadejeva, 2013. "Internal Labour Market Mobility in 2005-2011: The Case of Latvia," Working Papers 2013/02, Latvijas Banka.
    17. José María Casado & Cristina Fernández-Vidaurreta & Juan F. Jimeno, 2012. "Labour flows in the EU at the beginning of the crisis," Economic Bulletin, Banco de España, issue JAN, pages 91-101, January.
    18. Carlo Pizzinelli & Bradley Speigner, 2017. "Matching efficiency and labour market heterogeneity in the United Kingdom," Bank of England Staff Working Paper series 667, Bank of England.
    19. Timothy J. Hatton & Mark Thomas, 2012. "Labour Markets in Recession and Recovery: The UK and the USA in the 1920s and 1930s," CEH Discussion Papers 001, Centre for Economic History, Research School of Economics, Australian National University.
    20. Francisco Lasso-Valderrama, 2020. "LA DINÁMICA DEL MERCADO LABORAL COLOMBIANO: Cuál es el rol de los flujos de trabajadores?," Borradores de Economia 1120, Banco de la Republica de Colombia.
    21. Sepahsalari, Alireza, 2016. "Financial market imperfections and labour market outcomes," LSE Research Online Documents on Economics 86224, London School of Economics and Political Science, LSE Library.
    22. Anna Baranowska-Rataj & Iga Magda, 2013. "Decomposition of trends in youth unemployment – the role of job accessions and separations in countries with different employment protection regimes," Working Papers 53, Institute of Statistics and Demography, Warsaw School of Economics.
    23. Nordmeier, Daniela, 2012. "Worker flows in Germany: Inspecting the time aggregation bias," IAB-Discussion Paper 201212, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    24. Rahul Menon & Paaritosh Nath, 2022. "A Dynamic Analysis of Women’s Labour Force Participation in Urban India," The Economic and Labour Relations Review, , vol. 33(4), pages 766-785, December.
    25. Fugazza Carolina, 2019. "Anatomy of Non-Employment Risk," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(3), pages 1-19, July.
    26. Rothe, Thomas & Wälde, Klaus, 2017. "Where did all the unemployed go? : Non-standard work in Germany after the Hartz reforms," IAB-Discussion Paper 201718, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    27. Nordmeier, Daniela, 2014. "Worker flows in Germany: Inspecting the time aggregation bias," Labour Economics, Elsevier, vol. 28(C), pages 70-83.
    28. Lasso-Valderrama, Francisco Javier, 2012. "La dinámica del desempleo urbano en Colombia," Chapters, in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia: hechos, tendencias e instituciones, chapter 3, pages 131-166, Banco de la Republica de Colombia.
    29. Marianna Kudlyak & Felipe Schwartzman, 2012. "Accounting for unemployment in the Great Recession : nonparticipation matters," Working Paper 12-04, Federal Reserve Bank of Richmond.
    30. Zuzanna Brzozowska, 2013. "Was falling fertility in the communist Poland driven by changes in women’s education?," Working Papers 54, Institute of Statistics and Demography, Warsaw School of Economics.
    31. Tomas Key & Jamie Lenney, 2024. "The impact of aggregate fluctuations across the UK income distribution," Bank of England Staff Working Paper series 1083, Bank of England.
    32. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
    33. Jed Armstrong & Özer Karagedikli, 2017. "The role of non-participants in labour market dynamics," Reserve Bank of New Zealand Analytical Notes series AN2017/01, Reserve Bank of New Zealand.
    34. Vanhala, Juuso & Bonthuis, Boele & Jarvis, Valerie, 2013. "What’s going on behind the euro area Beveridge curve(s)?," Working Paper Series 1586, European Central Bank.
    35. Idriss Fontaine, 2026. "An anatomy of labor market dynamics in the French Overseas Regions: a flow-based approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 75(1), pages 1-35, March.
    36. Pedro Gomes, 2015. "The importance of frequency in estimating labour market transition rates," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-10, December.
    37. Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "On the Importance of the Participation Margin for Market Fluctuations," Working Paper Series 2013-05, Federal Reserve Bank of San Francisco.
    38. Jung, Philip & Korfmann, Philipp & Preugschat, Edgar, 2021. "Optimal Regional Labor Market Policies," IZA Discussion Papers 14204, IZA Network @ LISER.
    39. Tomas Key & Jamie Lenney, 2024. "The Impact of Aggregate Fluctuations Across the UK Income Distribution," Discussion Papers 2430, Centre for Macroeconomics (CFM).
    40. Ludmila Fadejeva & Ieva Opmane, 2016. "Internal labour market mobility in 2005–2014 in Latvia: the micro data approach," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 16(2), pages 152-174.
    41. Vladislav Flek & Martin Hála & Martina Mysíková, 2020. "Assessing the Job-Finding Probability of Older and Prime-Age Unemployed Workers," Prague Economic Papers, Prague University of Economics and Business, vol. 2020(4), pages 424-444.
    42. Smith, Jennifer, 2010. "The Ins and Outs of UK Unemployment," The Warwick Economics Research Paper Series (TWERPS) 944, University of Warwick, Department of Economics.

  16. Michael W. L. Elsby & Matthew D. Shapiro, 2009. "Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment," NBER Working Papers 15117, National Bureau of Economic Research, Inc.

    Cited by:

    1. Daly, Mary C. & Hobijn, Bart & Pedtke, Joseph H., 2020. "Labor market dynamics and black–white earnings gaps," Economics Letters, Elsevier, vol. 186(C).
    2. Michael W. L. Elsby & Matthew D. Shapiro, 2012. "Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle," American Economic Review, American Economic Association, vol. 102(4), pages 1378-1413, June.

  17. Michael W. L. Elsby, 2008. "Marginal Jobs, Heterogeneous Firms, & Unemployment Flows," NBER Working Papers 13777, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ebell, Monique, 2011. "On the cyclicality of unemployment: Resurrecting the participation margin," Labour Economics, Elsevier, vol. 18(6), pages 822-836.
    2. Miyamoto Hiroaki, 2011. "Cyclical Behavior of a Matching Model with Capital Investment," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-25, January.
    3. Marcelo Veracierto, 2016. "Establishment Dynamics, Vacancies, And Unemployment: A Neoclassical Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(4), pages 1201-1236, November.
    4. Pascal Michaillat, 2012. "Do Matching Frictions Explain Unemployment? Not in Bad Times," American Economic Review, American Economic Association, vol. 102(4), pages 1721-1750, June.
    5. Christopher L. House & Jing Zhang, 2012. "Layoffs, Lemons and Temps," NBER Working Papers 17962, National Bureau of Economic Research, Inc.
    6. Andrea Pescatori & Murat Tasci, 2011. "Search Frictions and the Labor Wedge," Koç University-TUSIAD Economic Research Forum Working Papers 1113, Koc University-TUSIAD Economic Research Forum.
    7. Alan Manning, 2010. "Imperfect Competition in the Labour Market," CEP Discussion Papers dp0981, Centre for Economic Performance, LSE.
    8. Faccini, Renato & Ortigueira, Salvador, 2010. "Labor-market volatility in the search-and-matching model: The role of investment-specific technology shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 34(8), pages 1509-1527, August.
    9. Leo Kaas & Philipp Kircher, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," CESifo Working Paper Series 3336, CESifo.
    10. Davis, Steven J. & Faberman, R. Jason & Haltiwanger, John, 2012. "Labor market flows in the cross section and over time," Journal of Monetary Economics, Elsevier, vol. 59(1), pages 1-18.
    11. Beate Schirwitz, 2013. "Business Fluctuations, Job Flows and Trade Unions - Dynamics in the Economy," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 47, April.
    12. Chun-Hung Kuo & Hiroaki Miyamoto, 2014. "Fiscal Stimulus and Unemployment Dynamics," Working Papers EMS_2014_05, Research Institute, International University of Japan.
    13. R. Jason Faberman & John Haltiwanger & Steven J. Davis, 2010. "Labor Market Flows and Vacancies in the Cross Section and Over Time," 2010 Meeting Papers 1045, Society for Economic Dynamics.
    14. Mr. Murat Tasci & Mr. Andrea Pescatori, 2011. "Search Frictions and the Labor Wedge," IMF Working Papers 2011/117, International Monetary Fund.
    15. Nicolas Roys, 2010. "Estimating Labor Market Rigidities with Heterogeneous Firms," 2010 Meeting Papers 127, Society for Economic Dynamics.
    16. Nicolas Petrosky-Nadeau, 2009. "Credit, Vacancies and Unemployment Fluctuations," GSIA Working Papers 2009-E27, Carnegie Mellon University, Tepper School of Business.
    17. Gabriele Cardullo, 2010. "Matching Models Under Scrutiny: An Appraisal Of The Shimer Puzzle," Journal of Economic Surveys, Wiley Blackwell, vol. 24(4), pages 622-656, September.
    18. Ryuta Ray Kato & Hiroaki Miyamoto, 2013. "Fiscal Stimulus in an Endogenous Job Separation Model," Working Papers EMS_2013_02, Research Institute, International University of Japan.
    19. Régis Barnichon, 2009. "Demand-driven job separation: reconciling search models with the ins and outs of unemployment," Finance and Economics Discussion Series 2009-24, Board of Governors of the Federal Reserve System (U.S.).
    20. Gebauer, Markus, 2019. "Permanent and temporary workers in a matching framework," Research in Economics, Elsevier, vol. 73(2), pages 138-148.

  18. Michael W. Elsby & Ryan Michaels & Gary Solon, 2007. "The Ins and Outs of Cyclical Unemployment," NBER Working Papers 12853, National Bureau of Economic Research, Inc.

    Cited by:

    1. Philip, Jung & Moritz, Kuhn, 2011. "The Era of the U.S.-Europe Labor Market Divide: What can we learn?," MPRA Paper 32322, University Library of Munich, Germany.
    2. Pedro Gomes, 2009. "Labour market flows: facts from the United Kingdom," Bank of England Staff Working Paper series 367, Bank of England.
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    Cited by:

    1. Emmanuel Saez & Benjamin Schoefer & David Seim, 2019. "Payroll Taxes, Firm Behavior, and Rent Sharing: Evidence from a Young Workers' Tax Cut in Sweden," American Economic Review, American Economic Association, vol. 109(5), pages 1717-1763, May.
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    3. Mario Izquierdo & Juan Jimeno & Theodora Kosma & Ana Lamo & Stephen Millard & Tairi Room & Eliana Viviano, 2017. "Labour market adjustment in Europe during the crisis: microeconomic evidence from the Wage Dynamics Network survey," Bank of England Staff Working Paper series 661, Bank of England.
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    6. P. Du Caju & C. Fuss & L. Wintr, 2012. "Sectoral differences in downward real wage rigidity: workforce composition, institutions, technology and competition," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 45(1), pages 7-22, March.
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    10. Meghana Gaur & John Grigsby & Jonathon Hazell & Abdoulaye Ndiaye, 2024. "Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity?," Opportunity and Inclusive Growth Institute Working Papers 091, Federal Reserve Bank of Minneapolis.
    11. Michał Brzoza-Brzezina & Jacek Socha, 2007. "Downward nominal wage rigidity in Poland," NBP Working Papers 41, Narodowy Bank Polski.
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    20. Gaur, Meghana & Grigsby, John & Hazell, Jonathon & Ndiaye, Abdoulaye, 2023. "Bonus Question: Does Flexible Incentive Pay Dampen Unemployment Dynamics?," IZA Discussion Papers 16481, IZA Network @ LISER.
    21. Pavel Gertler & Matúš Senaj, 2010. "Downward Wage Rigidities in Slovakia," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 4(1), pages 079-101, March.
    22. Wolf, Martin, 2020. "Pecuniary externalities in economies with downward wage rigidity," Journal of Monetary Economics, Elsevier, vol. 116(C), pages 219-235.
    23. World Bank Group & Royal Government of Bhutan Ministry of Labor and Human Resources, 2016. "Bhutan’s Labor Market," World Bank Publications - Reports 25703, The World Bank Group.
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    25. Bauer, Thomas K. & Kasten, Tanja & Siemers, Lars -H.R., 2012. "Business Taxation and Wages – Evidence from Individual Panel Data," Ruhr Economic Papers 351, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    26. Balazs Reizer, 2016. "Do Firms Pay Bonuses to Protect Jobs?," KRTK-KTI WORKING PAPERS 1612, Institute of Economics, Centre for Economic and Regional Studies.
    27. Quineche, Ricardo & Zapata, Juan, 2026. "The two sides of inflation: How price increases and price cuts shape inflation," Economic Modelling, Elsevier, vol. 158(C).
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  20. Elsby, Michael W. L. & Smith, Jennifer C., "undated". "The Great Recession In The U.K. Labour Market : A Transatlantic Perspective," Economic Research Papers 270786, University of Warwick - Department of Economics.

    Cited by:

    1. Idriss Fontaine & Ismael Galvez-Iniesta & Pedro Gomes & Diego Vila-Martin, 2019. "Labour market flows : Accounting for the public sector," Working Papers hal-02334064, HAL.
    2. Carrillo-Tudela, Carlos & Hobijn, Bart & She, Powen & Visschers, Ludo, 2016. "The extent and cyclicality of career changes: Evidence for the U.K," European Economic Review, Elsevier, vol. 84(C), pages 18-41.
    3. Robert Dixon, 2024. "Unemployment entry, exit and Okun’s law: An analysis with Australian data," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 27(2), pages 161-181.
    4. Tindara Addabbo & Paula Rodríguez-Modroño & Lina Gálvez-Muñoz, 2013. "Gender and the Great Recession: Changes in labour supply in Spain," Department of Economics (DEMB) 0010, University of Modena and Reggio Emilia, Department of Economics "Marco Biagi".
    5. Elsby, Michael W. L. & Smith, Jennifer C. & Wadsworth, Jonathan, 2021. "Population growth, immigration, and labour market dynamics," CAGE Online Working Paper Series 593, Competitive Advantage in the Global Economy (CAGE).
    6. Brunello, Giorgio & Rocco, Lorenzo, 2015. "The Labour Market Effects of Academic and Vocational Education over the Life Cycle: Evidence from Two British Cohorts," IZA Discussion Papers 9275, IZA Network @ LISER.
    7. Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth, 2011. "The Role of Worker Flows in the Dynamics and Distribution of UK Unemployment," CEP Discussion Papers dp1058, Centre for Economic Performance, LSE.
    8. Bagaria, Nitika & Holland, Dawn & Van Reenen, John, 2012. "Fiscal consolidation during a depression," LSE Research Online Documents on Economics 47524, London School of Economics and Political Science, LSE Library.
    9. Carrillo-Tudela, Carlos & Graber, Michael & Waelde, Klaus, 2018. "Unemployment and vacancy dynamics with imperfect financial markets," Labour Economics, Elsevier, vol. 50(C), pages 128-143.
    10. Ilias Georgakopoulos, 2019. "Income and wealth inequality in Malta: evidence from micro data," CBM Working Papers WP/03/2019, Central Bank of Malta.
    11. Pedro Gomes, 2015. "The importance of frequency in estimating labour market transition rates," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-10, December.
    12. Reuben Ellul, 2018. "Forecasting unemployment rates in Malta: A labour market flows approach," CBM Working Papers WP/03/2018, Central Bank of Malta.
    13. Robert Dixon & Guay Lim, 2016. "Modelling the dynamics of regional employment–population ratios and their commonality," Urban Studies, Urban Studies Journal Limited, vol. 53(2), pages 338-354, February.

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    See citations under working paper version above.
  2. Michael W L Elsby & Axel Gottfries, 2022. "Firm Dynamics, On-the-Job Search, and Labor Market Fluctuations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(3), pages 1370-1419.

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    1. Jake Bradley, 2025. "Worker-Firm Screening and the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 57, July.
    2. Antoine Bertheau & Rune Vejlin, 2025. "Job Ladders by Firm Wage and Productivity," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 58, October.
    3. Andrea Colciago & Marco Membretti, 2024. "Barriers to Entry and the Labor Market," DEM Working Papers Series 222, University of Pavia, Department of Economics and Management.
    4. Brenøe, Anne Ardila & Krenk, Ursa & Steinhauer, Andreas & Zweimüller, Josef, 2025. "How Do Firms Respond to Parental Leave Absences?," IZA Discussion Papers 17845, IZA Network @ LISER.
    5. Gottfries, Axel & Teulings, Coen, 2023. "Returns to on-the-job search and wage dispersion," Labour Economics, Elsevier, vol. 80(C).
    6. Ester Faia & Gianmarco I. P. Ottaviano & Saverio Spinella, 2023. "Robot adoption, worker-firm sorting and wage inequality: evidence from administrative panel data," CEP Discussion Papers dp1902, Centre for Economic Performance, LSE.
    7. Axel Gottfries, 2026. "Bargaining with Renegotiation in Models with On-the-Job Search," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.
    8. Josep Pijoan-Mas & Pau Roldan-Blanco, 2025. "Dual Labor Markets and the Equilibrium Distribution of Firms," Working Papers wp2025_2530, CEMFI.
    9. Andrew Yizhou Liu, 2025. "Strategic Complementarity in Labor Demand: Evidence from US Industry Leading Firms," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 57, July.
    10. Holmberg, Johan & Simmons, Michael & Trapeznikova, Ija, 2024. "Parental Wealth and Early Labor Market Outcomes," Umeå Economic Studies 1029, Umeå University, Department of Economics.
    11. Yu, Li & Zhao, Siyuan & Liu, Chen & Chen, Fenglan, 2025. "The acceleration and attenuation: Internet infrastructure and employment adjustment patterns," Structural Change and Economic Dynamics, Elsevier, vol. 75(C), pages 726-743.
    12. Labanca, Claudio & Molina, Danielken & Muendler, Marc-Andreas, 2024. "Preparing for export opportunities," Journal of International Economics, Elsevier, vol. 152(C).
    13. Audoly, Richard, 2026. "Firm dynamics and random search over the business cycle," Journal of Monetary Economics, Elsevier, vol. 158(C).

  3. Michael Elsby & Bart Hobijn & Fatih Karahan & Gizem Koşar & Ayşegül Şahin, 2019. "Flow Origins of Labor Force Participation Fluctuations," AEA Papers and Proceedings, American Economic Association, vol. 109, pages 461-464, May.

    Cited by:

    1. Francesco D'Amuri & Marta De Philippis & Elisa Guglielminetti & Salvatore Lo Bello, 2021. "Natural unemployment and activity rates: flow-based determinants and implications for price dynamics," Questioni di Economia e Finanza (Occasional Papers) 599, Bank of Italy, Economic Research and International Relations Area.
    2. Alexandre Ounnas, 2020. "Worker Flows, Occupations and the Dynamics of Unemployment and Labor Force Participation," LIDAM Discussion Papers IRES 2020009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. Hassan Molana & Catia Montagna & George E. Onwordi, 2021. "De-Globalization, Welfare State Reforms and Labor Market Outcomes," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(4), pages 624-655, December.
    4. Akiko Sakanishi, 2020. "Spatial analysis of female labor force participation rates in Japan," International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 351-361, August.
    5. Francisco Perez‐Arce & María J. Prados, 2021. "The Decline In The U.S. Labor Force Participation Rate: A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 615-652, April.
    6. Helu Jiang & Faisal Sohail, 2023. "Skill-Biased Entrepreneurial Decline," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 48, pages 18-44, April.
    7. D’Amuri, Francesco & De Philippis, Marta & Guglielminetti, Elisa & Lo Bello, Salvatore, 2022. "Slack and prices during Covid-19: Accounting for labor market participation," Labour Economics, Elsevier, vol. 75(C).
    8. Cui, Jing, 2025. "Older individuals’ labour force participation during COVID-19," The Journal of the Economics of Ageing, Elsevier, vol. 30(C).
    9. Nikolaos Kokonas & Paulo Santos Monteiro, 2025. "Equilibrium labour force participation and the business cycle," Economica, London School of Economics and Political Science, vol. 92(367), pages 783-822, July.
    10. Alexandre Ounnas, 2020. "Job Polarization and the Labor Market: A Worker Flow Analysis," LIDAM Discussion Papers IRES 2020010, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    11. Bart Hobijn & Ayşegül Şahin, 2021. "Maximum Employment and the Participation Cycle," NBER Working Papers 29222, National Bureau of Economic Research, Inc.
    12. Bart Hobijn & Ayşegül Şahin, 2022. ""Missing" Workers and "Missing" Jobs Since the Pandemic," Working Paper Series WP 2022-54, Federal Reserve Bank of Chicago.
    13. Akiko Sakanishi, 0. "Spatial analysis of female labor force participation rates in Japan," International Journal of Economic Policy Studies, Springer, vol. 0, pages 1-11.

  4. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2019. "The aggregate effects of labor market frictions," Quantitative Economics, Econometric Society, vol. 10(3), pages 803-852, July.
    See citations under working paper version above.
  5. Michael W. L. Elsby & Gary Solon, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 185-201, Summer.
    See citations under working paper version above.
  6. Elsby, Michael W.L. & Michaels, Ryan, 2019. "Fixed adjustment costs and aggregate fluctuations," Journal of Monetary Economics, Elsevier, vol. 101(C), pages 128-147.
    See citations under working paper version above.
  7. Michael W. L. Elsby & Donggyun Shin & Gary Solon, 2016. "Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 249-291.

    Cited by:

    1. Jari Vainiomäki, 2020. "The development of wage dispersion and wage rigidity in Finland," Finnish Economic Papers, Finnish Economic Association, vol. 29(1), pages 1-32, Spring.
    2. Effrosyni Adamopoulou & Emmanuele Bobbio & Marta De Philippis & Federico Giorgi, 2016. "Wage rigidities and business cycle fluctuations: a linked employer-employee analysis," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-32, December.
    3. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2020. "Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metalworking Industry," IZA Discussion Papers 13542, IZA Network @ LISER.
    4. M. Alper Çenesiz & Luís Guimarães, 2019. "Sticky Price Models, Durable Goods, and Real Wage Rigidities," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 721-737, March.
    5. Alexander Bick & Adam Blandin, 2020. "The Labor Market Impact of a Pandemic: Validation and Application of a Do-It-Yourself CPS," Working Papers 2031, Federal Reserve Bank of Dallas.
    6. Jörn-Steffen Pischke, 2016. "Wage flexibility and employment fluctuations: evidence from the housing sector," CEP Discussion Papers dp1440, Centre for Economic Performance, LSE.
    7. Marco Fongoni & Daniel Schaefer & Carl Singleton, 2023. "When are wages cut? The roles of incomplete contracts and employee involvement," Economics Discussion Papers em-dp2023-03, Department of Economics, University of Reading.
    8. Lennard, Jason, 2021. "Sticky wages and the Great Depression: Evidence from the United Kingdom," eabh Papers 21-01, The European Association for Banking and Financial History (EABH).
    9. Michael Elsby & Ryan Michaels & David Ratner, 2020. "Vacancy Chains," Working Papers 20-28, Federal Reserve Bank of Philadelphia.
    10. Olafsdottir, Katrin, 2020. "A deep recession came with deep wage cuts," Economics Letters, Elsevier, vol. 189(C).
    11. Jones, Andrew M. & Rice, Nigel & Zantomio, Francesca, 2020. "Acute health shocks and labour market outcomes: Evidence from the post crash era," Economics & Human Biology, Elsevier, vol. 36(C).
    12. Park, Seonyoung & Shin, Donggyun, 2020. "Welfare consequences of rising wage risk in the United States: Self-selection into risky jobs and family labor supply adjustments," Working Paper Series 20888, Victoria University of Wellington, School of Economics and Finance.
    13. Hampson, Daniel P. & Gong, Shiyang & Xie, Yi, 2021. "How consumer confidence affects price conscious behavior: The roles of financial vulnerability and locus of control," Journal of Business Research, Elsevier, vol. 132(C), pages 693-704.
    14. Daniel Schäfer & Carl Singleton, 2020. "Nominal Wage Adjustments and the Composition of Pay: New Evidence from Payroll Data," Economics working papers 2020-11, Department of Economics, Johannes Kepler University Linz, Austria.
    15. Sergio Salas, 2022. "A liquidity crunch in an endogenous growth model with human capital," Southern Economic Journal, John Wiley & Sons, vol. 88(3), pages 1199-1238, January.
    16. Hwang, Jisoo & Park, Seonyoung & Shin, Donggyun, 2018. "Two birds with one stone: Female labor supply, fertility, and market childcare," Journal of Economic Dynamics and Control, Elsevier, vol. 90(C), pages 171-193.
    17. Guyonne Kalb & Jordy Meekes, 2020. "Wage Growth Distribution and Changes over Time: 2001-2018," Melbourne Institute Working Paper Series wp2020n08, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    18. Ekaterina S. Jardim & Gary Solon & Jacob L. Vigdor, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? Evidence from Payroll Records in Washington State," NBER Working Papers 25470, National Bureau of Economic Research, Inc.
    19. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    20. Iván Fernández‐Val & Aico van Vuuren & Francis Vella & Franco Peracchi, 2024. "Hours worked and the US distribution of real annual earnings 1976–2019," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(4), pages 659-678, June.
    21. Chan, See-Yu & Hobler, Stephan & Van Rens, Thijs, 2025. "Why did we think wages are rigid for all those years?," The Warwick Economics Research Paper Series (TWERPS) 1577, University of Warwick, Department of Economics.
    22. Giovanni Razzu & Carl Singleton & Mark Mitchell, 2019. "On why the gender employment gap in Britain has stalled since the early 1990s," Economics Discussion Papers em-dp2019-02, Department of Economics, University of Reading, revised 01 Sep 2021.
    23. Andrew M. Jones & Nigel Rice & Francesca Zantomio, 2016. "Acute health shocks and labour market outcomes," Working Papers 2016:09, Department of Economics, University of Venice "Ca' Foscari".
    24. André Kurmann & Erika McEntarfer, 2019. "Downward Nominal Wage Rigidity in the United States: New Evidence from Worker-Firm Linked Data," Working Papers 19-07, Center for Economic Studies, U.S. Census Bureau.
    25. Stephen Drinkwater, 2021. "Brexit and the ‘left behind’: Job polarization and the rise in support for leaving the European Union," Industrial Relations Journal, Wiley Blackwell, vol. 52(6), pages 569-588, November.
    26. Ladislav Suhányi & Alžbeta Suhányiová & Jaroslava Kádárová & Jaroslava Janeková, 2023. "Relationships between Average Wages in the Manufacturing Sector and Economic Indicators of the Manufacturing Sector in the Region of Visegrad Group Countries," Sustainability, MDPI, vol. 15(5), pages 1-19, February.
    27. Dickson, Alex & Fongoni, Marco, 2019. "Asymmetric reference-dependent reciprocity, downward wage rigidity, and the employment contract," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 409-429.
    28. Forth, John & Bryson, Alex & Phan, Van & Ritchie, Felix & Singleton, Carl & Stokes, Lucy & Whittard, Damian, 2024. "Revisiting Sample Bias in the UK's Annual Survey of Hours and Earnings, with Implications for Estimates of Low Pay and the Bite of the National Living Wage," Discussion Papers escoe-dp-2024-10, Economic Statistics Centre of Excellence.
    29. Michael W. L. Elsby & Gary Solon, 2019. "How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 185-201, Summer.
    30. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2022. "Wage determination and the bite of collective contracts in Italy and Spain," Labour Economics, Elsevier, vol. 76(C).
    31. Schwandt, Hannes & von Wachter, Till, 2018. "Unlucky Cohorts: Estimating the Long-term Effects of Entering the Labor Market in a Recession in Large Cross-sectional Data Set," CEPR Discussion Papers 13222, Centre for Economic Policy Research.
    32. Brian Bell & Nicholas Bloom & Jack Blundell, 2021. "This time is not so different: income dynamics during the Covid-19 recession," CEP Discussion Papers dp1792, Centre for Economic Performance, LSE.
    33. Daniel Schaefer & Carl Singleton, 2023. "The Extent of Downward Nominal Wage Rigidity: New Evidence from Payroll Data," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 60-76, December.
    34. Sergei Guriev & Biagio Speciale & Michele Tuccio, 2019. "How Do Regulated and Unregulated Labor Markets Respond to Shocks? Evidence from Immigrants During the Great Recession," PSE-Ecole d'économie de Paris (Postprint) halshs-02087840, HAL.
    35. Wen-Tai Hsu & Hsuan-Chih (Luke) Lin & Han Yang, 2024. "Long-run belief-scarring effects of COVID-19 in a global economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(3), pages 709-752, November.
    36. Brian Bell & Nicholas Bloom & Jack Blundell, 2022. "Income dynamics in the United Kingdom and the impact of the Covid‐19 recession," Quantitative Economics, Econometric Society, vol. 13(4), pages 1849-1878, November.
    37. Forth, John & Bryson, Alex & Palmou, Christina, 2025. "A Roadmap for Developing a New LEED Infrastructure for the UK," Technical Reports escoe-tr-28, Economic Statistics Centre of Excellence.
    38. Haomin Wang, 2018. "Intra-Household Risk Sharing and Job Search over the Business Cycle," Discussion Papers of DIW Berlin 1760, DIW Berlin, German Institute for Economic Research.
    39. Daniel Schaefer & Carl Singleton, 2017. "Recent changes in British wage inequality: Evidence from firms and occupations," Edinburgh School of Economics Discussion Paper Series 277, Edinburgh School of Economics, University of Edinburgh.
    40. Lessem, Rebecca & Nakajima, Kayuna, 2019. "Immigrant wages and recessions: Evidence from undocumented Mexicans," European Economic Review, Elsevier, vol. 114(C), pages 92-115.
    41. Anwar S Adem, 2024. "Distributional effect of import shocks on British local labour markets," Oxford Economic Papers, Oxford University Press, vol. 76(2), pages 412-432.
    42. Jo, Yoon Joo, 2025. "Beyond the spike at zero: Understanding nominal wage rigidity through empirical and model-based approaches," Journal of International Economics, Elsevier, vol. 157(C).
    43. Bruce Fallick & Daniel Villar Vallenas & William L. Wascher, 2020. "Downward Nominal Wage Rigidity in the United States during and after the Great Recession," Working Papers 16-02R, Federal Reserve Bank of Cleveland.
    44. Schaefer, Daniel & Singleton, Carl, 2019. "Cyclical labor costs within jobs," European Economic Review, Elsevier, vol. 120(C).
    45. Ravenna, Federico & Cacciatore, Matteo, 2020. "Uncertainty, Wages, and the Business Cycle," CEPR Discussion Papers 14715, Centre for Economic Policy Research.
    46. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.
    47. Arango, Luis E. & Rivera, Sergio A., 2022. "Moderate wage increases and flexible labour contracts to protect employment in Colombian manufacturing," Journal of Policy Modeling, Elsevier, vol. 44(3), pages 578-598.
    48. Rachel Scarfe & Daniel Schäfer & Thomas Sulka, 2024. "The Incidence of Workplace Pensions: Evidence from the UK's Automatic Enrollment Mandate," Economics working papers 2024-02, Department of Economics, Johannes Kepler University Linz, Austria.
    49. Park, Seonyoung & Shin, Donggyun, 2017. "The extent and nature of downward nominal wage flexibility: An analysis of longitudinal worker/establishment data from Korea," Labour Economics, Elsevier, vol. 48(C), pages 67-86.
    50. Silvia Sarpietro & Yuya Sasaki & Yulong Wang, 2026. "Nonexistent Moments of Earnings Growth," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 41(1), pages 39-55, January.
    51. Daniel Schaefer & Carl Singleton, 2017. "Real Wages and Hours in the Great Recession: Evidence from Firms and their Entry-Level Jobs," CESifo Working Paper Series 6766, CESifo.
    52. Basu, S. & House, C.L., 2016. "Allocative and Remitted Wages," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 297-354, Elsevier.
    53. Guyonne Kalb & Jordy Meekes, 2021. "Wage Growth Distribution and Changes over Time: 2001–2018," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(1), pages 76-93, March.
    54. Marco Fongoni & Daniel Schaefer & Carl Singleton, 2024. "Why Wages Don’t Fall in Jobs with Incomplete Contracts," Post-Print hal-05069573, HAL.
    55. Snell, Andy & Stüber, Heiko & Thomas, Jonathan P., 2024. "Job security, asymmetric information, and wage rigidity," European Economic Review, Elsevier, vol. 161(C).
    56. John T. Addison & Liwen Chen & Orgul D. Ozturk, 2020. "Recessions and Occupational Match Quality: The Role of Age, Gender, and Education," CESifo Working Paper Series 8390, CESifo.
    57. Effrosnyi Adamopoulou & Luis Diez-Catalan & Ernesto Villanueva, 2024. "Staggered Contracts and Unemployment During Recessions," CRC TR 224 Discussion Paper Series crctr224_2022_379v2, University of Bonn and University of Mannheim, Germany.
    58. Haomin Wang, 2018. "Online Appendix to "Intra-Household Risk Sharing and Job Search over the Business Cycle"," Online Appendices 18-240, Review of Economic Dynamics.
    59. Chen Huang, 2018. "Why Are U.S. Women Decreasing Their Labor Force Participation If Their Wages Are Rising?," Economic Inquiry, Western Economic Association International, vol. 56(4), pages 2010-2026, October.
    60. Danilo Stojanovic, 2022. "The 2003 Tax Reform and Corporate Payout Policy in the US," CERGE-EI Working Papers wp727, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    61. Marco Fongoni, 2018. "Workers' reciprocity and the (ir)relevance of wage cyclicality for the volatility of job creation," Working Papers 1809, University of Strathclyde Business School, Department of Economics.
    62. Álmos Telegdy, 2016. "Employment adjustment in the global crisis," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 24(4), pages 683-703, October.
    63. Davis, Steven J. & Krolikowski, Pawel M., 2023. "Sticky Wages on the Layoff Margin," IZA Discussion Papers 16351, IZA Network @ LISER.
    64. Christian Koch, 2021. "Can reference points explain wage rigidity? Experimental evidence," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 55(1), pages 1-17, December.
    65. R. Tamara Konetzka & Karen B. Lasater & Edward C. Norton & Rachel M. Werner, 2018. "Are Recessions Good for Staffing in Nursing Homes?," American Journal of Health Economics, MIT Press, vol. 4(4), pages 411-432, Fall.
    66. Guyonne Kalb & Jordy Meekes, 2019. "Wage Growth Distribution and Decline among Individuals: 2001-2017," RBA Annual Conference Papers acp2019-03, Reserve Bank of Australia, revised Jul 2019.
    67. Francesco D'Amuri & Salvatore Lattanzio & Benjamin S. Smith, 2023. "The anatomy of labor cost adjustment to demand shocks: Germany and Italy during the Great Recession," Temi di discussione (Economic working papers) 1411, Bank of Italy, Economic Research and International Relations Area.
    68. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, IZA Network @ LISER.
    69. Todd A. Sorensen, 2017. "Do firms’ wage-setting powers increase during recessions?," World of Labour, LISER, pages 355-355, April.
    70. Daniel Borowczyk-Martins & Étienne Lalé, 2017. "Employment Adjustment and Part-time Work: Lessons from the United States and the United Kingdom," CIRANO Working Papers 2017s-27, CIRANO.
    71. Smith, Trenton G. & Stillman, Steven & Craig, Stuart, 2017. "'Rational Overeating' in a Feast-or-Famine World: Economic Insecurity and the Obesity Epidemic," IZA Discussion Papers 10954, IZA Network @ LISER.
    72. Dany Brouillette & Olena Kostyshyna & Natalia Kyui, 2018. "Downward nominal wage rigidity in Canada: Evidence from micro‐level data," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(3), pages 968-1002, August.
    73. José Daniel Pacas & Renae Rodgers, 2023. "Research Note on Linking CPS ASEC Files," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 42(3), pages 1-10, June.
    74. Christodoulopoulou, Styliani & Kouvavas, Omiros, 2022. "Wages, compositional effects and the business cycle," Working Paper Series 2653, European Central Bank.
    75. Morten Bennedsen & Antoine Bertheau & Marianna Kudlyak & Birthe Larsen, 2025. "Why Firms Lay Off Workers Instead of Cutting Wages: Evidence from Linked Survey-Administrative Data," Working Paper Series 2025-05, Federal Reserve Bank of San Francisco.
    76. Tessa Hall & Alan Manning & Rebecca Rose, 2024. "Ethnic minority and migrant pay gaps over the life-cycle," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 40(3), pages 556-578.
    77. Richard Preetz & Julius Greifenberg & Julika Hülsemann & Andreas Filser, 2022. "Moving Back to the Parental Home in Times of COVID-19: Consequences for Students’ Life Satisfaction," IJERPH, MDPI, vol. 19(17), pages 1-13, August.
    78. Fei Peng & Sajid Anwar & Lili Kang, 2020. "Job Movement and Real Wage Flexibility in Eastern and Western Parts of Germany," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(4), pages 764-789, October.
    79. Fallick, Bruce & Villar, Daniel & Wascher, William, 2022. "Downward nominal wage rigidity in the United States in times of economic distress and low inflation," Labour Economics, Elsevier, vol. 78(C).
    80. Fahad Gill & Abdihafit Shaeye, 2022. "Relative Wages of Immigrant Men and the Great Recession," Journal of Economics, Race, and Policy, Springer, vol. 5(1), pages 1-12, March.
    81. Mark J. Holmes & Jesús Otero, 2022. "The wage curve within and across regions: new insights from a pairwise view of US states," Empirical Economics, Springer, vol. 62(5), pages 2069-2089, May.
    82. Petru Crudu, 2023. "Long-term effects of early adverse labour market conditions: A Causal Machine Learning approach," Working Papers 2023:21, Department of Economics, University of Venice "Ca' Foscari".
    83. Park, Seonyoung & Shin, Donggyun, 2019. "Inflation and wage rigidity/flexibility in the short run," Working Paper Series 20917, Victoria University of Wellington, School of Economics and Finance.
    84. Susanto Basu & Christopher L. House, 2016. "Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models," NBER Working Papers 22279, National Bureau of Economic Research, Inc.

  8. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.

    Cited by:

    1. Yusuf Mercan & Benjamin Schoefer & Petr Sedláček, 2020. "A Congestion Theory of Unemployment Fluctuations," CESifo Working Paper Series 8731, CESifo.
    2. Anastasopoulos, Jason & Borjas, George J. & Cook, Gavin G. & Lachanski, Michael, 2019. "Job Vacancies, the Beveridge Curve, and Supply Shocks: The Frequency and Content of Help-Wanted Ads in Pre- and Post-Mariel Miami," IZA Discussion Papers 12581, IZA Network @ LISER.
    3. R. Jason Faberman & Andreas I. Mueller & Ayşegül Şahin & Giorgio Topa, 2022. "Job Search Behavior Among the Employed and Non‐Employed," Econometrica, Econometric Society, vol. 90(4), pages 1743-1779, July.
    4. Luis Alberiko A. Gil-Alana & María Jesús González-Blanch & Carlos Poza, 2025. "Labour market mismatches in G7 countries: a fractional integration approach," Applied Economics, Taylor & Francis Journals, vol. 57(7), pages 736-752, February.
    5. Jamilu Said Babangida & Asad Ul Islam Khan & Ahmet Faruk Aysan, 2024. "Examining the Shifting Dynamics of the Beveridge Curve in the Turkish Labor Market during Crises," Economies, MDPI, vol. 12(5), pages 1-16, May.
    6. Stefan Schiman-Vukan, 2020. "Labor Supply Shocks and the Beveridge Curve. Empirical Evidence from EU Enlargement," WIFO Working Papers 606, WIFO.
    7. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," PSE Working Papers halshs-03243698, HAL.
    8. Marco Fongoni & Alex Dickson, 2015. "A theory of wage setting behavior," Working Papers 1505, University of Strathclyde Business School, Department of Economics, revised Feb 2016.
    9. Hie Joo Ahn & Leland D. Crane, 2020. "Dynamic Beveridge Curve Accounting," Finance and Economics Discussion Series 2020-027, Board of Governors of the Federal Reserve System (U.S.).
    10. Fedorets, Alexandra & Lottmann, Franziska & Stops, Michael, 2019. "Job matching in connected regional and occupational labour markets," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 53(8), pages 1085-1098.
    11. Bocquet, L., 2024. "The Network Origin of Slow Labour Reallocation," Cambridge Working Papers in Economics 2465, Faculty of Economics, University of Cambridge.
    12. Andreas Hornstein & Marianna Kudlyak, 2016. "Estimating Matching Efficiency with Variable Search Effort," Working Paper 16-13, Federal Reserve Bank of Richmond.
    13. Bransch, Felix & Malik, Samreen & Mihm, Benedikt, 2024. "The cyclicality of on-the-job search," Labour Economics, Elsevier, vol. 87(C).
    14. Gomme, Paul & Lkhagvasuren, Damba, 2015. "Worker search effort as an amplification mechanism," Journal of Monetary Economics, Elsevier, vol. 75(C), pages 106-122.
    15. Dickson, Alex & Fongoni, Marco, 2019. "Asymmetric reference-dependent reciprocity, downward wage rigidity, and the employment contract," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 409-429.
    16. Hie Joo Ahn & Bart Hobijn & Ayşegül Şahin, 2023. "The Dual U.S. Labor Market Uncovered," Working Paper Series WP 2023-18, Federal Reserve Bank of Chicago.
    17. Gadi Barlevy & R. Jason Faberman & Bart Hobijn & Aysegul Sahin, 2023. "The Shifting Reasons for Beveridge-Curve Shifts," Working Paper Series WP 2023-38, Federal Reserve Bank of Chicago.
    18. Nuttapol Lertmethaphat & Nuarpear Lekfuangfu & Pucktada Treeratpituk, 2025. "Exploring the Thai Job Market Through the Lens of Natural Language Processing and Machine Learning," PIER Discussion Papers 228, Puey Ungphakorn Institute for Economic Research.
    19. Dag Kolsrud, 2018. "Mismatch in the Norwegian Labour Market 2003–2013: Did Immigrants Make a Difference?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(3), pages 979-997, June.
    20. Peter Rodenburg, 2016. "How Full is Full Employment?How Tools and Not Theory Explained Full Employment," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 2016(2), pages 5-25.
    21. Groiss, Martin & Sondermann, David, 2023. "Help wanted: the drivers and implications of labour shortages," Working Paper Series 2863, European Central Bank.
    22. Gökten, Meryem & Heimberger, Philipp & Lichtenberger, Andreas, 2024. "How far from full employment? The European unemployment problem revisited," European Economic Review, Elsevier, vol. 164(C).
    23. Kettemann, Andreas & Mueller, Andreas I. & Zweimüller, Josef, 2018. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data," IZA Discussion Papers 11852, IZA Network @ LISER.
    24. Jin‐Hyuk Kim & Nick Vikander, 2023. "Commitment and discretion in contracts: theory and evidence from retirement plans," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(2), pages 461-488, April.
    25. Mark J. Holmes & Jesús Otero, 2020. "The Beveridge Curve Across US States: New Insights From a Pairwise Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(2), pages 405-424, April.
    26. Andrew Weaver, 2022. "Who Has Trouble Hiring? Evidence from a National IT Survey," ILR Review, Cornell University, ILR School, vol. 75(3), pages 608-637, May.
    27. Zheng Liu & Sylvain Leduc, 2016. "The Slow Job Recovery in a Macro Model of Search and Recruiting Intensity," 2016 Meeting Papers 1397, Society for Economic Dynamics.
    28. Gottfries, Nils & Stadin, Karolina, 2016. "The Matching Process:Search Or Mismatch?," Working Paper Series 2016:14, Uppsala University, Department of Economics.
    29. Hie Joo Ahn & Jeremy B. Rudd, 2024. "(Re-)Connecting Inflation and the Labor Market: A Tale of Two Curves," Finance and Economics Discussion Series 2024-050r1, Board of Governors of the Federal Reserve System (U.S.), revised 28 May 2025.
    30. Sean Kelly & Daniel Grainger & Sizhong Sun & Riccardo Welters, 2026. "The labour market matching efficiency in Australian regions," Economica, London School of Economics and Political Science, vol. 93(369), pages 52-85, January.
    31. Marco Fongoni, 2025. "Costly Wage Cuts, Relative Wage Comparisons, and Unemployment Hysteresis," AMSE Working Papers 2540, Aix-Marseille School of Economics, France.
    32. Violante, Giovanni & Mongey, Simon, 2019. "Macro Recruiting Intensity from Micro Data," CEPR Discussion Papers 14004, Centre for Economic Policy Research.
    33. Anton Cheremukhin & Paulina Restrepo-Echavarria, 2022. "The Dual Beveridge Curve," Working Papers 2022-021, Federal Reserve Bank of St. Louis, revised 04 May 2026.
    34. Herbert Walther, 2016. "Die Rekordarbeitslosigkeit als zentrale Herausforderung der Wirtschaftspolitik," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 42(1), pages 19-59.
    35. Leythienne, Jean Fernand, 2024. "Is euro area at full employment ? — A diagnosis from the Beveridge curve," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 322-340.
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    100. Daniel Borowczyk-Martins & Étienne Lalé, 2017. "Employment Adjustment and Part-time Work: Lessons from the United States and the United Kingdom," CIRANO Working Papers 2017s-27, CIRANO.
    101. Per Krusell & Toshihiko Mukoyama & Richard Rogerson & Aysegul Sahin, 2015. "Gross Worker Flows over the Business Cycle," Discussion Papers 1530, Centre for Macroeconomics (CFM).
    102. Alexandre Ounnas, 2020. "Worker Flows and Occupations in the CPS 1976-2010: A Framework for Adjusting the Data," LIDAM Discussion Papers IRES 2020008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    103. Cui, Jing, 2025. "Older individuals’ labour force participation during COVID-19," The Journal of the Economics of Ageing, Elsevier, vol. 30(C).
    104. Kevin Donovan & Jianyu Lu & Todd Schoellman, 2018. "Labor Market Flows and Development," 2018 Meeting Papers 976, Society for Economic Dynamics.
    105. Tomaz Cajner & İlhan Güner & Toshihiko Mukoyama, 2025. "Gross Worker Flows over the Life Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 57(4), pages 757-791, June.
    106. Cristina Lafuente and Astrid Ruland, 2022. "Short-Time Work schemes and labour market flows in Europe during COVID," Economics Working Papers EUI ECO 2022/02, European University Institute.
    107. Cristina Lafuente, 2020. "Unemployment in administrative data using survey data as a benchmark," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 11(2), pages 115-153, June.
    108. Yuelin Liu, 2022. "How structural is unemployment in the United States?," Economic Inquiry, Western Economic Association International, vol. 60(3), pages 1258-1276, July.
    109. Gustavo Leyva & Carlos Urrutia, 2023. "Informal Labor Markets in Times of Pandemic," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 47, pages 158-185, January.
    110. Sengul, Gonul & Tasci, Murat, 2020. "Unemployment flows, participation, and the natural rate of unemployment: Evidence from turkey," Journal of Macroeconomics, Elsevier, vol. 64(C).
    111. Idriss Fontaine, 2026. "An anatomy of labor market dynamics in the French Overseas Regions: a flow-based approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 75(1), pages 1-35, March.
    112. Michael Callaghan & Jamie Culling & Finn Robinson, 2018. "Ageing is a drag: Projecting labour force participation in New Zealand," Reserve Bank of New Zealand Analytical Notes series AN2018/10, Reserve Bank of New Zealand.
    113. Maurizio Baussola & Camilla Ferretti & Chiara Mussida, 2017. "Pitfall in labour market flows modeling: a Reappraisal," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1722, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    114. István Konya, 2016. "Labor flows in Hungary and Europe," KRTK-KTI WORKING PAPERS 1602, Institute of Economics, Centre for Economic and Regional Studies.
    115. Kathrin Ellieroth, 2017. "Cyclicality of Hours Worked by Married Women and Spousal Insurance," CAEPR Working Papers 2017-009, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    116. Nikolaos Kokonas & Paulo Santos Monteiro, 2025. "Equilibrium labour force participation and the business cycle," Economica, London School of Economics and Political Science, vol. 92(367), pages 783-822, July.
    117. Wataru Hirata & Toshitaka Maruyama & Tomohide Mineyama, 2020. "Flattening of the Wage Phillips Curve and Downward Nominal Wage Rigidity: The Japanese Experience in the 2010s," Bank of Japan Working Paper Series 20-E-4, Bank of Japan.
    118. Alexandre Ounnas, 2020. "Job Polarization and the Labor Market: A Worker Flow Analysis," LIDAM Discussion Papers IRES 2020010, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    119. R. Jason Faberman & Andreas I. Mueller & Ayşegül Şahin* & Giorgio Topa, 2020. "The Shadow Margins of Labor Market Slack," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(S2), pages 355-391, December.
    120. Carnicelli, Lauro, 2018. "Financial shocks and endogenous labor market participation," MPRA Paper 90254, University Library of Munich, Germany.
    121. Villena-Roldán, Benjamin, 2024. "Unpacking the persistence of informality," MPRA Paper 120868, University Library of Munich, Germany.
    122. Nikolaos Kokonas & Paulo Santos Monteiro, 2020. "The Ins and Outs of Unemployment in General Equilibrium," Discussion Papers 2014, Centre for Macroeconomics (CFM).
    123. Ismail Baydur & Jianhuan Xu, 2024. "Statistical Discrimination And Duration Dependence In A Semistructural Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1357-1386, August.
    124. Fernando Saltiel & Cody Tuttle, 2023. "Business Cycles and Police Hires," Working Papers 288, Red Nacional de Investigadores en Economía (RedNIE).
    125. Sedláček, Petr, 2020. "Lost generations of firms and aggregate labor market dynamics," Journal of Monetary Economics, Elsevier, vol. 111(C), pages 16-31.
    126. Patrick J. Conway, 2022. "Unemployment insurance programs and the choice to leave the labor force," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1373-1400, April.
    127. Mitra, Aruni, 2021. "The Productivity Puzzle and the Decline of Unions," MPRA Paper 110102, University Library of Munich, Germany.
    128. Jones, Stephen R. G. & Riddell, William Craig, 2017. "Unemployment, marginal attachment and labor force participation in Canada and the United States," CLEF Working Paper Series 13, Canadian Labour Economics Forum (CLEF), University of Waterloo.
    129. Ismail Baydur & Toshihiko Mukoyama, 2020. "Job Duration and Match Characteristics over the Business Cycle," Working Papers gueconwpa~20-20-01, Georgetown University, Department of Economics.
    130. Forsythe, Eliza & Wu, Jhih-Chian, 2021. "Explaining Demographic Heterogeneity in Cyclical Unemployment," Labour Economics, Elsevier, vol. 69(C).
    131. Bart Hobijn & Ayşegül Şahin, 2021. "Maximum Employment and the Participation Cycle," NBER Working Papers 29222, National Bureau of Economic Research, Inc.
    132. Ayşegül Şahin, 2021. "Comment on "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?"," NBER Chapters, in: NBER Macroeconomics Annual 2021, volume 36, pages 68-79, National Bureau of Economic Research, Inc.
    133. Leyva Gustavo & Urrutia Carlos, 2021. "Informal Labor Markets in Times of Pandemic: Evidence for Latin America and Policy Options," Working Papers 2021-21, Banco de México.
    134. Jonathan Créchet & Étienne Lalé & Linas Tarasonis, 2023. "Life-Cycle Worker Flows and Cross-country Differences in Aggregate Employment," Working Papers 2306E, University of Ottawa, Department of Economics.
    135. Unknown, 2024. "Testing Gender and Race Non-linear Unemployment Invariance Hypothesis in South Africa: Evidence from Threshold Regression," African Journal of Economic Review, African Journal of Economic Review, vol. 13(1).
    136. Mary C. Daly & Bart Hobijn, 2022. "The Importance of the Part‐Time and Participation Margins for Real Wage Adjustment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(S1), pages 89-111, February.
    137. Christopher J. Waller, 2022. "Responding to High Inflation, with Some Thoughts on a Soft Landing: a speech at the Institute for Monetary and Financial Stability (IMFS) Distinguished Lecture, Goethe University Frankfurt, Germany, May 30, 2022," Speech 94280, Board of Governors of the Federal Reserve System (U.S.).
    138. Cristina Lafuente, 2018. "The best of the two worlds: assessing the use of administrative data for the study of employment," Edinburgh School of Economics Discussion Paper Series 286, Edinburgh School of Economics, University of Edinburgh.
    139. Regis Barnichon & Andrew Figura, 2016. "Declining Desire to Work and Downward Trends in Unemployment and Participation," NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 449-494.
    140. Robert Bernhardt & David Munro & Erin L. Wolcott, 2024. "How does the dramatic rise of nonresponse in the Current Population Survey impact labor market indicators?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(3), pages 498-512, April.
    141. Campolmi, Alessia & Gnocchi, Stefano, 2016. "Labor market participation, unemployment and monetary policy," Journal of Monetary Economics, Elsevier, vol. 79(C), pages 17-29.
    142. Moon, Weh-Sol, 2025. "Heterogeneity and gross worker flows," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 47(4), pages 1-34.
    143. Eran B. Hoffmann & Mr. Davide Malacrino, 2018. "Employment Time and the Cyclicality of Earnings Growth," IMF Working Papers 2018/115, International Monetary Fund.
    144. Borowczyk-Martins, Daniel & Pacini, David, 2024. "Measuring labor market transitions with time series of cross sections," Economics Letters, Elsevier, vol. 237(C).
    145. Hirokazu Mizobata, 2024. "Japan’s dual labor market and its macroeconomic characteristics," Empirical Economics, Springer, vol. 67(1), pages 165-196, July.
    146. Lalé, Etienne, 2016. "The Evolution of Multiple Jobholding in the U.S. Labor Market: The Complete Picture of Gross Worker Flows," IZA Discussion Papers 10355, IZA Network @ LISER.
    147. Jiwoon Kim, 2022. "The Recent Rise in Youth Unemployment Rate in Korea: A Flow Decomposition Analysis," Korean Economic Review, Korean Economic Association, vol. 38, pages 445-477.
    148. Andreas I. Mueller, 2017. "Separations, Sorting, and Cyclical Unemployment," American Economic Review, American Economic Association, vol. 107(7), pages 2081-2107, July.
    149. Cordoba, Juan C. & Isojärvi, Anni & Li, Haoran, 2020. "Equilibrium Unemployment: The Role Of Discrimination," ISU General Staff Papers 202011140800001116, Iowa State University, Department of Economics.
    150. Lalé, Etienne, 2016. "Turbulence and the Employment Experience of Older Workers," IZA Discussion Papers 10061, IZA Network @ LISER.
    151. Bloemen, Hans, 2021. "Labor Market Transitions of Members of Opposite-Sex Couples: Nonparticipation, Unemployed Search, and Employment," IZA Discussion Papers 14673, IZA Network @ LISER.
    152. ParveshK. Chopra, 2022. "A Systems Model to Measure Labour Market Dynamics," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 75(4), pages 465-518.
    153. Holmberg, Johan, 2021. "Earnings and Employment Dynamics: Capturing Cyclicality using Mixed Frequency Data," Umeå Economic Studies 991, Umeå University, Department of Economics.

  10. Michael W. L. Elsby & Ryan Michaels, 2013. "Marginal Jobs, Heterogeneous Firms, and Unemployment Flows," American Economic Journal: Macroeconomics, American Economic Association, vol. 5(1), pages 1-48, January.

    Cited by:

    1. Russell Cooper & Moritz Meyer & Immo Schott, 2017. "The Employment and Output Effects of Short-Time Work in Germany," NBER Working Papers 23688, National Bureau of Economic Research, Inc.
    2. Juan J. Dolado & Etienne Lale & Helene Turone, 2022. "Zero-hours Contracts in a Frictional Labour Market," Bristol Economics Discussion Papers 22/763, School of Economics, University of Bristol, UK.
    3. Kudoh, Noritaka & Miyamoto, Hiroaki & Sasaki, Masaru, 2015. "Employment and Hours over the Business Cycle in a Model with Search Frictions," IZA Discussion Papers 8946, IZA Network @ LISER.
    4. Leo Kaas, 2020. "Block-Recursive Equilibria in Heterogenous-Agent Models," CESifo Working Paper Series 8737, CESifo.
    5. Sebastian Graves, 2020. "The State Dependent Effectiveness of Hiring Subsidies," International Finance Discussion Papers 1290, Board of Governors of the Federal Reserve System (U.S.).
    6. Petr Sedlacek & Vincent Sterk, 2014. "The Growth Potential of Startups over the Business Cycle," Discussion Papers 1403, Centre for Macroeconomics (CFM).
    7. Alireza Sepahsalari, 2016. "Financial Market Imperfections and Labour Market Outcomes," Discussion Papers 1624, Centre for Macroeconomics (CFM).
    8. Björn Brügemann, 2021. "Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level," Tinbergen Institute Discussion Papers 21-034/VI, Tinbergen Institute.
    9. Nyarko, Yaw & Pellegrina, Heitor S., 2022. "From bilateral trade to centralized markets: A search model for commodity exchanges in Africa," Journal of Development Economics, Elsevier, vol. 157(C).
    10. Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2017. "Aggregate Recruiting Intensity," Staff Report 553, Federal Reserve Bank of Minneapolis.
    11. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    12. Leland D. Crane, 2014. "Firm Dynamics and Assortative Matching," Working Papers 14-25, Center for Economic Studies, U.S. Census Bureau.
    13. Görg, Holger & Henze, Philipp & Jienwatcharamongkhol, Viroj & Kopasker, Daniel & Molana, Hassan & Montagna, Catia & Sjöholm, Fredrik, 2017. "Firm size distribution and employment fluctuations: Theory and evidence," Research in Economics, Elsevier, vol. 71(4), pages 690-703.
    14. Cahuc, Pierre, 2014. "Search, Flows, Job Creations and Destructions," IZA Discussion Papers 8173, IZA Network @ LISER.
    15. Andrea Colciago & Marco Membretti, 2024. "Barriers to Entry and the Labor Market," DEM Working Papers Series 222, University of Pavia, Department of Economics and Management.
    16. Mecikovsky, Ariel Matias & Meier, Matthias, 2014. "Do plants freeze upon uncertainty shocks?," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100541, Verein für Socialpolitik / German Economic Association.
    17. Simon Mongey & Gianluca Violante & Alessandro Gavazza, 2014. "What Shifts the Beveridge Curve? Recruitment Effort and Financial Shocks," 2014 Meeting Papers 1014, Society for Economic Dynamics.
    18. Kurmann, André & Rabinovich, Stanislav, 2018. "Dynamic inefficiency in decentralized capital markets," Journal of Economic Theory, Elsevier, vol. 173(C), pages 231-256.
    19. Arata, Yoshiyuki, 2019. "Firm growth and Laplace distribution: The importance of large jumps," Journal of Economic Dynamics and Control, Elsevier, vol. 103(C), pages 63-82.
    20. Camila Cisneros-Acevedo & Alessandro Ruggieri, 2022. "Firms, policies, informality, and the labour market," Discussion Papers 2022-11, University of Nottingham, GEP.
    21. David M. Arseneau & Sanjay K. Chugh, 2023. "Tax Smoothing in Frictional Labor Markets: A Reply," Journal of Political Economy, University of Chicago Press, vol. 131(5), pages 1372-1382.
    22. Kosho Tanaka, 2018. "Technological progress, firm selection, and unemployment," Economics Bulletin, AccessEcon, vol. 38(1), pages 431-442.
    23. Björn Brügemann & Pieter Gautier & Guido Menzio, 2018. "Intra Firm Bargaining and Shapley Values," PIER Working Paper Archive 18-003, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 31 Jan 2018.
    24. Kim, Jiwoon, 2021. "Wage negotiations in multi-worker firms and stochastic bargaining powers of existing workers," Journal of Economic Dynamics and Control, Elsevier, vol. 123(C).
    25. Nicolas Roys, 2016. "Persistence of Shocks and the Reallocation of Labor," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 109-130, October.
    26. Bin Ni & Hayato Kato & Yang Liu, 2023. "Does it matter where you invest? The impact of foreign direct investments on domestic job creation and destruction," The World Economy, Wiley Blackwell, vol. 46(1), pages 135-152, January.
    27. Mangin, Sephorah & Sedláček, Petr, 2018. "Unemployment and the labor share," Journal of Monetary Economics, Elsevier, vol. 94(C), pages 41-59.
    28. Lucia S. Foster & Cheryl A. Grim & John Haltiwanger & Zoltan Wolf, 2017. "Macro and Micro Dynamics of Productivity: From Devilish Details to Insights," NBER Working Papers 23666, National Bureau of Economic Research, Inc.
    29. Sepahsalari, Alireza, 2016. "Financial market imperfections and labour market outcomes," LSE Research Online Documents on Economics 86224, London School of Economics and Political Science, LSE Library.
    30. Shigeru Fujita & Makoto Nakajima, 2016. "Worker Flows and Job Flows: A Quantitative Investigation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 1-20, October.
    31. Bernstein, Joshua & Richter, Alexander W. & Throckmorton, Nathaniel A., 2021. "Cyclical net entry and exit," European Economic Review, Elsevier, vol. 136(C).
    32. Leo Kaas & Bihemo Kimasa, 2021. "Firm Dynamics With Frictional Product And Labor Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 62(3), pages 1281-1317, August.
    33. Hassan Afrouzi & Andres Drenik & Ryan Kim, 2020. "Growing by the Masses - Revisiting the Link between Firm Size and Market Power," CESifo Working Paper Series 8633, CESifo.
    34. Étienne Lalé, 2022. "Search and Multiple Jobholding," CIRANO Working Papers 2022s-28, CIRANO.
    35. Lochner, Benjamin & Merkl, Christian & Stüber, Heiko & Gürtzgen, Nicole, 2021. "Recruiting intensity and hiring practices: Cross-sectional and time-series evidence," Labour Economics, Elsevier, vol. 68(C).
    36. Alessandro Ruggieri & Nezih Guner, 2022. "Misallocation and Inequality," Working Papers 1334, Barcelona School of Economics.
    37. William J. Carrington & Bruce Fallick, 2017. "Why Do Earnings Fall with Job Displacement?," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 56(4), pages 688-722, October.
    38. Hassan Molana & Catia Montagna, 2018. "Competitive selection, trade, and employment: The strategic use of subsidies," Review of International Economics, Wiley Blackwell, vol. 26(5), pages 1154-1177, November.
    39. Denant-Boemont, Laurent & Gaigné, Carl & Gaté, Romain, 2018. "Urban spatial structure, transport-related emissions and welfare," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 29-45.
    40. In Hwan Jo, 2025. "Firm Size And Business Cycles With Credit Shocks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 66(2), pages 629-659, May.
    41. Leena Rudanko, 2018. "Firm Wages in a Frictional Labor Market," 2018 Meeting Papers 1154, Society for Economic Dynamics.
    42. Tsasa, Jean-Paul K., 2022. "Labor market volatility in a fully specified RBC search model: An analytical investigation," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    43. Kohlbrecher, Britta, 2019. "The (ir)relevance of real wage rigidity for optimal monetary policy," FAU Discussion Papers in Economics 07/2019, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    44. Josep Pijoan-Mas & Pau Roldan-Blanco, 2025. "Dual Labor Markets and the Equilibrium Distribution of Firms," Working Papers wp2025_2530, CEMFI.
    45. John Haltiwanger & Henry Hyatt & Erika McEntarfer, 2017. "Who Moves Up the Job Ladder?," Working Papers 17-63, Center for Economic Studies, U.S. Census Bureau.
    46. Kohlbrecher, Britta, 2016. "Optimal Monetary Policy under Rigid Wages and Decreasing Returns," VfS Annual Conference 2016 (Augsburg): Demographic Change 145867, Verein für Socialpolitik / German Economic Association.
    47. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
    48. Niklas Engbom, 2018. "Firm and Worker Dynamics in an Aging Labor Market," 2018 Meeting Papers 1009, Society for Economic Dynamics.
    49. Hassan Molana & Catia Montagna, 2016. "Selection, Trade, and Employment: The Strategic Use of Subsidies," Dundee Discussion Papers in Economics 296, Economic Studies, University of Dundee.
    50. Julien Albertini & Arthur Poirier & Anthony Terriau, 2025. "Payroll Tax Reductions on Low Wages and Minimum Wage in France," Working Papers 2501, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
    51. Sofia Bauducco & Alexandre Janiak, 2015. "The Impact of the Minimum Wage on Capital Accumulation and Employment in a Large-Firm Framework," Working Papers Central Bank of Chile 755, Central Bank of Chile.
    52. Yating Dai & Jian Cheng & Daolin Zhu, 2022. "Understanding the Impact of Land Supply Structure on Low Consumption: Empirical Evidence from China," Land, MDPI, vol. 11(4), pages 1-18, April.
    53. Bauducco, Sofía & Janiak, Alexandre, 2018. "The macroeconomic consequences of raising the minimum wage: Capital accumulation, employment and the wage distribution," European Economic Review, Elsevier, vol. 101(C), pages 57-76.
    54. Gálvez-Iniesta, Ismael, 2024. "The role of immigration in a deep recession," European Economic Review, Elsevier, vol. 168(C).
    55. Mikhail Simutin & JessieJiaxu Wang & Lars Kuehn, 2014. "A Labor Capital Asset Pricing Model," 2014 Meeting Papers 695, Society for Economic Dynamics.
    56. Graff Zivin, Joshua & Lepinteur, Anthony & Neidell, Matthew & Nieto Castro, Adrian, 2025. "A Cold Stop: Temperature, Unemployment and Joblessness Dynamics," IZA Discussion Papers 18260, IZA Network @ LISER.
    57. Jake Bradley & Axel Gottfries, 2021. "A job ladder model with stochastic employment opportunities," Quantitative Economics, Econometric Society, vol. 12(4), pages 1399-1430, November.
    58. Sedláček, Petr, 2020. "Lost generations of firms and aggregate labor market dynamics," Journal of Monetary Economics, Elsevier, vol. 111(C), pages 16-31.
    59. Gebauer Markus, 2023. "Job Protection — It is Good to be an Insider," IZA Journal of Labor Policy, Paradigm & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 13(1), pages 1-50, January.
    60. Guido Ascari & Andrea Colciago & Marco Membretti, 2026. "The Employment Concentration Channel of Monetary Policy," Working Papers 859, DNB.
    61. Firooz, Hamid, 2025. "The pro-competitive consequences of trade in frictional labor markets," Journal of International Economics, Elsevier, vol. 153(C).
    62. Hassan Molana, 2015. "Selection, Trade, and Employment: the Strategic Use of Subsidies. WWWforEurope Policy Paper No. 21," WIFO Studies, WIFO, number 57894.
    63. Pau Roldan & Sophia Gilbukh, 2017. "Firm Dynamics and Pricing under Customer Capital Accumulation," 2017 Meeting Papers 1235, Society for Economic Dynamics.
    64. Angyridis, Constantine & Zhou, Haiwen, 2022. "Search, Technology Choice, and Unemployment," MPRA Paper 112064, University Library of Munich, Germany.
    65. Elizabeth Weber Handwerker & Lowell Mason, 2018. "What Happens to the Employers Involved in Mass Layoffs?," Southern Economic Journal, John Wiley & Sons, vol. 85(2), pages 485-507, October.
    66. Ismail Baydur & Fatih Yilmaz, 2021. "VAT Treatment of the Financial Services: Implications for the Real Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(8), pages 2167-2200, December.
    67. Audoly, Richard, 2026. "Firm dynamics and random search over the business cycle," Journal of Monetary Economics, Elsevier, vol. 158(C).
    68. Ryan Michaels & T Beau Page & Toni M Whited, 2019. "Labor and Capital Dynamics under Financing Frictions," Review of Finance, European Finance Association, vol. 23(2), pages 279-323.
    69. Julien Albertini & Xavier Fairise & Anthony Terriau, 2024. "Corporate taxation and firm heterogeneity," TEPP Working Paper 2024-08, TEPP.
    70. Adrien Bilal & Niklas Engbom & Simon Mongey & Giovanni L. Violante, 2022. "Firm and Worker Dynamics in a Frictional Labor Market," Econometrica, Econometric Society, vol. 90(4), pages 1425-1462, July.
    71. Émilien Gouin‐Bonenfant, 2022. "Productivity Dispersion, Between‐Firm Competition, and the Labor Share," Econometrica, Econometric Society, vol. 90(6), pages 2755-2793, November.
    72. Alessandro Ruggieri, 2019. "Trade and labour market institutions: A tale of two liberalizations," Discussion Papers 2019-15, University of Nottingham, GEP.
    73. Jake Bradley & Axel Gottfries, 2022. "Labour market dynamics and growth," Discussion Papers 2022/02, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    74. Ryan A. Decker & John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2018. "Changing Business Dynamism and Productivity : Shocks vs. Responsiveness," Finance and Economics Discussion Series 2018-007, Board of Governors of the Federal Reserve System (U.S.).
    75. GORYUNOV, Maxim, 2017. "Sorting when firms have size," Economics Working Papers MWP 2017/09, European University Institute.
    76. Povilas Lastauskas, 2022. "Lockdown, employment adjustment, and financial frictions," Small Business Economics, Springer, vol. 58(2), pages 919-942, February.
    77. Elhanan Helpman & Oleg Itskhoki, "undated". "Trade Liberalization and Labor Market Dynamics with Heterogeneous Firms," Working Paper 199161, Harvard University OpenScholar.
    78. Ryan Michaels & David Ratner & Michael Elsby, 2016. "Labor Market Frictions and Aggregate Employment," 2016 Meeting Papers 770, Society for Economic Dynamics.
    79. Simon Mongey & Gianluca Violante & Alessandro Gavazza, 2015. "What Shifts the Beveridge Curve? Recruiting Intensity and Financial Shocks," 2015 Meeting Papers 1079, Society for Economic Dynamics.
    80. Toshihiko Mukoyama, 2019. "Heterogeneous Jobs and the Aggregate Labour Market," The Japanese Economic Review, Springer, vol. 70(1), pages 30-50, March.

  11. Michael Elsby & Bart Hobijn & Ayseful Sahin, 2013. "The Decline of the U.S. Labor Share," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(2 (Fall)), pages 1-63.
    See citations under working paper version above.
  12. Michael W. L. Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "Unemployment Dynamics in the OECD," The Review of Economics and Statistics, MIT Press, vol. 95(2), pages 530-548, May.
    See citations under working paper version above.
  13. Michael W. L. Elsby & Matthew D. Shapiro, 2012. "Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle," American Economic Review, American Economic Association, vol. 102(4), pages 1378-1413, June.

    Cited by:

    1. Erin Wolcott, 2018. "Employment Inequality: Why Do the Low-Skilled Work Less Now?," 2018 Meeting Papers 487, Society for Economic Dynamics.
    2. Christian vom Lehn & Eric Fisher & Aspen Gorry, 2018. "Male Labor Supply and Generational Fiscal Policy," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 28, pages 121-149, April.
    3. Cynthia L. Doniger, 2021. "The Ways the Cookie Crumbles: Education and the Margins of Cyclical Adjustment in the Labor Market," Finance and Economics Discussion Series 2021-019, Board of Governors of the Federal Reserve System (U.S.).
    4. Cynthia L. Doniger & J. David López-Salido, 2017. "Hysteresis via Endogenous Rigidity in Wages and Participation," Finance and Economics Discussion Series 2017-044, Board of Governors of the Federal Reserve System (U.S.).
    5. Jay H. Hong & Byoung Hoon Seok & Hye Mi You, 2019. "Wage Volatility And Changing Patterns Of Labor Supply," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 60(2), pages 595-630, May.
    6. David Lagakos & Benjamin Moll & Tommaso Porzio & Nancy Qian, 2012. "Experience Matters: Human Capital and Development Accounting," Working Papers 2012-021, Human Capital and Economic Opportunity Working Group.
    7. Benoit Dostie & Genevieve Dufour & Raquel Fonseca & Étienne Lalé, 2020. "Évolution séculaire du profil des salaires en fonction de l’âge : Québec, Canada et États-Unis," CIRANO Project Reports 2020rp-21, CIRANO.
    8. Boppart, Timo & Ngai, L. Rachel, 2021. "Rising inequality and trends in leisure," LSE Research Online Documents on Economics 108919, London School of Economics and Political Science, LSE Library.
    9. Patrick Kehoe & Elena Pastorino & Virgiliu Midrigan, 2016. "Debt Constraints and Employment," NBER Working Papers 22614, National Bureau of Economic Research, Inc.
    10. Jiaoning Zhang & Xiaoyu Ma & Jiamin Liu, 2022. "How Can the Digital Economy and Human Capital Improve City Sustainability," Sustainability, MDPI, vol. 14(23), pages 1-18, November.
    11. Andrew Figura & Régis Barnichon, 2015. "Declining Labor Force Attachment and Downward Trends in Unemployment and Participation," Working Papers 728, Barcelona School of Economics.
    12. Regis Barnichon & Andrew Figura, 2015. "Declining Desire to Work and Downward Trends in Unemployment and Participation," NBER Working Papers 21252, National Bureau of Economic Research, Inc.
    13. Ting Zhu & Xiaqing Chen & Wenwen Zhang & Basil Sharp, 2023. "Analysis of the Spatial–Temporal Evolution of the Digital Economy and Its Impact on the Employment Structure in China from 2001 to 2020," Sustainability, MDPI, vol. 15(12), pages 1-18, June.
    14. Callum Jones, 2018. "Aging, Secular Stagnation and the Business Cycle," IMF Working Papers 2018/067, International Monetary Fund.
    15. Cynthia L. Doniger, 2019. "Do Greasy Wheels Curb Inequality?," Finance and Economics Discussion Series 2019-021, Board of Governors of the Federal Reserve System (U.S.).
    16. Dungey, Mardi & Jacobs, Jan & Tian, Jing & Norden, Simon van, 2012. "On trend-cycle decomposition and data revision," Research Report 12009-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    17. Ross Doppelt, 2019. "Skill Flows: A Theory of Human Capital and Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 84-122, January.
    18. Mark Aguiar & Mark Bils & Kerwin Kofi Charles & Erik Hurst, 2017. "Leisure Luxuries and the Labor Supply of Young Men," NBER Working Papers 23552, National Bureau of Economic Research, Inc.
    19. Patrick J. Kehoe & Virgiliu Midrigan & Elena Pastorino, 2017. "On the Importance of Easing Consumer Credit Frictions," Economic Policy Paper 17-5, Federal Reserve Bank of Minneapolis.
    20. Michael Elsby & David Ratner & Ryan Michaels, 2018. "The Wages of Nonemployment," 2018 Meeting Papers 1077, Society for Economic Dynamics.
    21. Nekoei, Arash, 2022. "The measurement of labor supply using March CPS: A cautionary tale," Economics Letters, Elsevier, vol. 216(C).
    22. Ricardo Manuel Santos, 2014. "Dynamic Effects of Labor Supply: a mechanism explaining cross-sectional differences in hours," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(4), pages 630-653, October.
    23. Virginia Sánchez-Marcos & Francesc Obiols-Homs, 2022. "Labor Force Participation, Wages and Turbulence," Working Papers 1347, Barcelona School of Economics.
    24. Epstein, Brendan & Mukherjee, Rahul & Finkelstein Shapiro, Alan & Ramnath, Shanthi, 2020. "Trends in aggregate employment, hours worked per worker, and the long-run labor wedge," MPRA Paper 99289, University Library of Munich, Germany.
    25. Pawel Krolikowski, 2016. "Choosing a Control Group for Displaced Workers," Working Papers (Old Series) 1605, Federal Reserve Bank of Cleveland.
    26. Michelacci, Claudio & Pijoan-Mas, Josep, 2013. "Labor Supply with Job Assignment under Balanced Growth," CEPR Discussion Papers 9296, Centre for Economic Policy Research.
    27. Guimarães, Luis & Lourenço, Diogo, 2024. "The Imperfections of Conditional Programs and the Case for Universal Basic Income," MPRA Paper 119964, University Library of Munich, Germany.
    28. Yunus Aksoy & Henrique S. Basso & Carolyn St Aubyn, 2021. "Time variation in lifecycle consumption and income," Working Papers 2111, Banco de España.
    29. Hyeok Jeong & Yong Kim & Iourii Manovskii, 2014. "The Price of Experience," NBER Working Papers 20457, National Bureau of Economic Research, Inc.
    30. Patrick J. Kehoe & Virgiliu Midrigan & Elena Pastorino, 2018. "Evolution of Modern Business Cycle Models: Accounting for the Great Recession," Staff Report 566, Federal Reserve Bank of Minneapolis.
    31. Rauh, C. & Santos, M. R., 2022. "How do transfers and universal basic income impact the labor market and inequality?," Cambridge Working Papers in Economics 2208, Faculty of Economics, University of Cambridge.

  14. Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth, 2011. "The role of worker flows in the dynamics and distribution of UK unemployment," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 27(2), pages 338-363.
    See citations under working paper version above.
  15. Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin & Robert G. Valletta, 2011. "The Labor Market in the Great Recession — An Update to September 2011," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 353-384.

    Cited by:

    1. Burda, Michael C. & Seele, Stefanie, 2017. "Das deutsche Arbeitsmarktwunder: Eine Bilanz," IZA Standpunkte 89, Institute of Labor Economics (IZA).
    2. Fabian Lange & Theodore Papageorgiou, 2020. "Beyond Cobb-Douglas: Flexibly Estimating Matching Functions with Unobserved Matching Efficiency," NBER Working Papers 26972, National Bureau of Economic Research, Inc.
    3. Riccardo Zago, 2020. "Job Polarization, Skill Mismatch and the Great Recession," Working papers 755, Banque de France.
    4. Carl Singleton, 2016. "Long-term unemployment and the Great Recession: Evidence from UK stocks and flows," Edinburgh School of Economics Discussion Paper Series 273, Edinburgh School of Economics, University of Edinburgh.
    5. Kyong Hyun Koo, 2016. "The Evolution of Earnings Volatility During and After the Great Recession," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 55(4), pages 705-732, October.
    6. Tavares, Tiago, 2015. "Labor Market Distortions under Sovereign Default Crises," MPRA Paper 66964, University Library of Munich, Germany.
    7. Nicholas Apergis & Ibrahim Arisoy, 2017. "Unemployment and labor force participation across the US States: new evidence from panel data," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 67(4), pages 45-84, October-D.
    8. Ronald Bachmann & Mathias Sinning, 2016. "Decomposing the Ins and Outs of Cyclical Unemployment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(6), pages 853-876, December.
    9. Jaison R. Abel & Richard Deitz, 2015. "Underemployment in the early careers of college graduates following the Great Recession," Staff Reports 749, Federal Reserve Bank of New York.
    10. Takhtamanova, Yelena & Sierminska, Eva, 2017. "Impact of the Great Recession on industry unemployment: a 1976-2011 comparison," MERIT Working Papers 2017-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Khalifa, Sherif, 2015. "Learning-by-doing and unemployment dynamics," Economic Modelling, Elsevier, vol. 44(C), pages 180-187.
    12. Hall, R.E., 2016. "Macroeconomics of Persistent Slumps," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2131-2181, Elsevier.
    13. Forsythe, Eliza & Kahn, Lisa B. & Lange, Fabian & Wiczer, David, 2022. "Where have all the workers gone? Recalls, retirements, and reallocation in the COVID recovery," Labour Economics, Elsevier, vol. 78(C).
    14. Toshihiko Mukoyama & Mototsugu Shintani & Kazuhiro Teramoto, 2018. "Cyclical Part-Time Employment in an Estimated New Keynesian Model with Search Frictions," Working Papers gueconwpa~18-18-04, Georgetown University, Department of Economics.
    15. Bellmann Lutz & Hübler Olaf, 2014. "The Skill Shortage in German Establishments Before, During and After the Great Recession," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 234(6), pages 800-828, December.
    16. Nikolaos Kokonas & Paulo Santos Monteiro, 2020. "The Ins and Outs of Unemployment in General Equilibrium," Discussion Papers 2014, Centre for Macroeconomics (CFM).
    17. Beverly, Josh & Stewart, Shamar L. & Neill, Clinton L., 2024. "What drives labor force participation rate variability? The case of West Virginia," Economic Modelling, Elsevier, vol. 140(C).
    18. Fujita, Shigeru, 2018. "Declining labor turnover and turbulence," Journal of Monetary Economics, Elsevier, vol. 99(C), pages 1-19.
    19. Hie Joo Ahn & James Hamilton, 2022. "Measuring Labor-Force Participation and the Incidence and Duration of Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 44, pages 1-32, April.
    20. Auray, Stéphane & Eyquem, Aurélien & Gomme, Paul, 2019. "Debt hangover in the aftermath of the Great Recession," Journal of Economic Dynamics and Control, Elsevier, vol. 105(C), pages 107-133.
    21. Andreas I. Mueller, 2017. "Separations, Sorting, and Cyclical Unemployment," American Economic Review, American Economic Association, vol. 107(7), pages 2081-2107, July.
    22. Costas KARFAKIS & Constantinos KATRAKILIDIS & Eftychia TSANANA, 2014. "Does output predict unemployment? A look at Okun's law in Greece," International Labour Review, International Labour Organization, vol. 153(3), pages 421-433, September.

  16. 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.
    See citations under working paper version above.
  17. Elsby, Michael W.L. & Smith, Jennifer C., 2010. "The Great Recession in the UK Labour Market: A Transatlantic Perspective," National Institute Economic Review, National Institute of Economic and Social Research, vol. 214, pages 26-37, October.
    See citations under working paper version above.
  18. Gary Solon & Ryan Michaels & Michael W. L. Elsby, 2009. "The Ins and Outs of Cyclical Unemployment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 84-110, January.
    See citations under working paper version above.
  19. Elsby, Michael W.L., 2009. "Evaluating the economic significance of downward nominal wage rigidity," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 154-169, March.
    See citations under working paper version above.
  20. Tom Clark & Mike Elsby & Sarah Love, 2002. "Trends in British public investment," Fiscal Studies, Institute for Fiscal Studies, vol. 23(3), pages 305-352, September.

    Cited by:

    1. Chris Chan & Danny Forwood & Heather Roper & Chris Sayers, 2009. "Public Infrastructure Financing: An International Perspective," Staff Working Papers 0902, Productivity Commission, Government of Australia.

Chapters

  1. Michael W. L. Elsby & Donggyun Shin & Gary Solon, 2013. "Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain," NBER Chapters, in: Labor Markets in the Aftermath of the Great Recession, pages 246-291, National Bureau of Economic Research, Inc.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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