Comment on "Why Has the US Economy Recovered So Consistently from Every Recession in the Past 70 Years?"
In: NBER Macroeconomics Annual 2021, volume 36
Author
Abstract
Suggested Citation
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a for a similarly titled item that would be available.
References listed on IDEAS
- Nir Jaimovich & Henry E. Siu, 2020.
"Job Polarization and Jobless Recoveries,"
The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 129-147, March.
- Nir Jaimovich & Henry E. Siu, 2012. "Job Polarization and Jobless Recoveries," NBER Working Papers 18334, National Bureau of Economic Research, Inc.
- Abraham, Katharine G & Katz, Lawrence F, 1986.
"Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?,"
Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 507-522, June.
- Katharine G. Abraham & Lawrence F. Katz, 1984. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," NBER Working Papers 1410, National Bureau of Economic Research, Inc.
- Abraham, Katharine G. & Katz, Lawrence F., 1986. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?," Scholarly Articles 3442781, Harvard University Department of Economics.
- Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.
- Robert Shimer, 2010. "Labor Markets and Business Cycles," Economics Books, Princeton University Press, edition 1, number 9217.
- Caballero, Ricardo J & Hammour, Mohamad L, 1994.
"The Cleansing Effect of Recessions,"
American Economic Review, American Economic Association, vol. 84(5), pages 1350-1368, December.
- Ricardo J. Caballero & Mohamad L. Hammour, 1991. "The Cleansing Effect of Recessions," NBER Working Papers 3922, National Bureau of Economic Research, Inc.
- Lilien, David M, 1982. "Sectoral Shifts and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 777-793, August.
- Merz, Monika, 1995. "Search in the labor market and the real business cycle," Journal of Monetary Economics, Elsevier, vol. 36(2), pages 269-300, November.
- Gueorgui Kambourov & Iourii Manovskii, 2009.
"Occupational Mobility and Wage Inequality,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(2), pages 731-759.
- Kambourov, Gueorgui & Manovskii, Iourii, 2004. "Occupational Mobility and Wage Inequality," IZA Discussion Papers 1189, Institute of Labor Economics (IZA).
- 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.
- Robert Shimer, 2007. "Reassessing the Ins and Outs of Unemployment," NBER Working Papers 13421, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kenneth Beauchemin & Murat Tasci, 2005.
"On the Cyclicality of Labor Market Mismatch and Aggregate Employment Flows,"
Discussion Papers
05-01, University at Albany, SUNY, Department of Economics.
- Kenneth Beauchemin & Murat Tasci, 2006. "On the Cyclicality of Labor Market Mismatch and Aggregate Employment Flows," 2006 Meeting Papers 657, Society for Economic Dynamics.
- Hairault, Jean-Olivier & Zhutova, Anastasia, 2018.
"The cyclicality of labor-market flows: A multiple-shock approach,"
European Economic Review, Elsevier, vol. 103(C), pages 150-172.
- Hairault, Jean-Olivier & Zhutova, Anastasia, 2014. "The Cyclicality of Labor Market Flows: A Multiple-Shock Approach," IZA Discussion Papers 8558, Institute of Labor Economics (IZA).
- Jean-Olivier Hairault & Anastasia Zhutova, 2018. "The cyclicality of labor-market flows: A multiple-shock approach," PSE-Ecole d'économie de Paris (Postprint) halshs-01802891, HAL.
- Jean-Olivier Hairault & Anastasia Zhutova, 2018. "The cyclicality of labor-market flows: A multiple-shock approach," Post-Print halshs-01802891, HAL.
- Rogerson, Richard & Shimer, Robert, 2011.
"Search in Macroeconomic Models of the Labor Market,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 7, pages Pages: 61,
Elsevier.
- Richard Rogerson & Robert Shimer, 2010. "Search in Macroeconomic Models of the Labor Market," NBER Working Papers 15901, National Bureau of Economic Research, Inc.
- Shigeru Fujita, 2011.
"Dynamics of worker flows and vacancies: evidence from the sign restriction approach,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(1), pages 89-121, January/F.
- Shigeru Fujita, 2009. "Dynamics of worker flows and vacancies: evidence from the sign restriction approach," Working Papers 07-12, Federal Reserve Bank of Philadelphia.
- Ay?egül ?ahin & Joseph Song & Giorgio Topa & Giovanni L. Violante, 2014.
"Mismatch Unemployment,"
American Economic Review, American Economic Association, vol. 104(11), pages 3529-3564, November.
- Ayşegül Şahin & Joseph Song & Giorgio Topa & Giovanni L. Violante, 2012. "Mismatch unemployment," Staff Reports 566, Federal Reserve Bank of New York.
- Violante, Giovanni & Topa, Giorgio & Sahin, Aysegul & Song, Joseph, 2012. "Mismatch Unemployment," CEPR Discussion Papers 9093, C.E.P.R. Discussion Papers.
- Ayşegül Şahin & Joseph Song & Giorgio Topa & Giovanni L. Violante, 2012. "Mismatch Unemployment," NBER Working Papers 18265, National Bureau of Economic Research, Inc.
- Patrick Kehoe & Elena Pastorino & Pierlauro Lopez & Virgiliu Midrigan, 2018.
"Asset Prices and Unemployment Fluctuations,"
2018 Meeting Papers
1119, Society for Economic Dynamics.
- Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2020. "Asset Prices and Unemployment Fluctuations," Staff Report 591, Federal Reserve Bank of Minneapolis.
- Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2020. "Asset Prices and Unemployment Fluctuations," Working Papers 20-10, Federal Reserve Bank of Cleveland.
- Patrick J. Kehoe & Pierlauro Lopez & Virgiliu Midrigan & Elena Pastorino, 2019. "Asset Prices and Unemployment Fluctuations," NBER Working Papers 26580, National Bureau of Economic Research, Inc.
- Benedikt Herz & Thijs van Rens, 2020.
"Accounting for Mismatch Unemployment,"
Journal of the European Economic Association, European Economic Association, vol. 18(4), pages 1619-1654.
- Herz, Benedikt & van Rens, Thijs, "undated". "Accounting for Mismatch Employment," Economic Research Papers 270222, University of Warwick - Department of Economics.
- Herz, Benedikt & van Rens, Thijs, 2019. "Accounting for Mismatch Unemployment," The Warwick Economics Research Paper Series (TWERPS) 1205, University of Warwick, Department of Economics.
- van Rens, Thijs & Herz, Benedikt, 2018. "Accounting for Mismatch Unemployment," CEPR Discussion Papers 12972, C.E.P.R. Discussion Papers.
- Herz, Benedikt & van Rens, Thijs, 2015. "Accounting for Mismatch Employment," The Warwick Economics Research Paper Series (TWERPS) 1061, University of Warwick, Department of Economics.
- Herz, Benedikt & van Rens, Thijs, 2015. "Accounting for Mismatch Unemployment," IZA Discussion Papers 8884, Institute of Labor Economics (IZA).
- Ronald Bachmann & Michael C. Burda, 2010.
"Sectoral Transformation, Turbulence and Labor Market Dynamics in Germany,"
German Economic Review, Verein für Socialpolitik, vol. 11(1), pages 37-59, February.
- Bachmann Ronald & Burda Michael C., 2010. "Sectoral Transformation, Turbulence and Labor Market Dynamics in Germany," German Economic Review, De Gruyter, vol. 11(1), pages 37-59, February.
- Burda, Michael & Bachmann, Ronald, 2007. "Sectoral Transformation, Turbulence, and Labour Market Dynamics in Germany," CEPR Discussion Papers 6226, C.E.P.R. Discussion Papers.
- Bachmann, Ronald & Burda, Michael C., 2007. "Sectoral transformation, turbulence, and labour market dynamics in Germany," SFB 649 Discussion Papers 2007-008, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Bachmann, Ronald & Burda, Michael C., 2007. "Sectoral Transformation, Turbulence, and Labor Market Dynamics in Germany," Ruhr Economic Papers 5, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Bachmann, Ronald & Burda, Michael C., 2008. "Sectoral Transformation, Turbulence, and Labor Market Dynamics in Germany," IZA Discussion Papers 3324, Institute of Labor Economics (IZA).
- Robert Shimer, 2007.
"Mismatch,"
American Economic Review, American Economic Association, vol. 97(4), pages 1074-1101, September.
- Robert Shimer, 2005. "Mismatch," NBER Working Papers 11888, National Bureau of Economic Research, Inc.
- Yaniv Yedid-Levi, 2016.
"Why does employment in all major sectors move together over the business cycle?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 131-156, October.
- Yaniv Yedid-Levi, 2012. "Why Does Employment in All Major Sectors Move Together over the Business Cycle?," 2012 Meeting Papers 677, Society for Economic Dynamics.
- Yaniv Yedid-Levi, 2016. "Code and data files for "Why does employment in all major sectors move together over the business cycle?"," Computer Codes 14-20, Review of Economic Dynamics.
- Leo Kaas & Philipp Kircher, 2015.
"Efficient Firm Dynamics in a Frictional Labor Market,"
American Economic Review, American Economic Association, vol. 105(10), pages 3030-3060, October.
- Philipp Kircher & Leo Kaas, 2010. "Efficient Firm Dynamics in a Frictional Labor Market," 2010 Meeting Papers 89, Society for Economic Dynamics.
- Leo Kaas & Philipp Kircher, 2015. "Efficient Firm Dynamics in a Frictional Labor Market," Working Paper Series of the Department of Economics, University of Konstanz 2015-09, Department of Economics, University of Konstanz.
- Philipp Kircher & Leo Kaas, 2013. "Efficient firm dynamics in a frictional labor market," 2013 Meeting Papers 160, Society for Economic Dynamics.
- Leo Kaas & Philipp Kircher, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," CESifo Working Paper Series 3336, CESifo.
- Kaas, Leo & Kircher, Philipp, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," IZA Discussion Papers 5452, Institute of Labor Economics (IZA).
- Leo Kaas & Philipp Kircher, 2011. "Efficient Firm Dynamics in a Frictional Labor Market," Working Paper Series of the Department of Economics, University of Konstanz 2011-01, Department of Economics, University of Konstanz.
- Alejandro Justiniano & Claudio Michelacci, 2012.
"The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe,"
NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 8(1), pages 169-235.
- Alejandro Justiniano & Claudio Michelacci, 2011. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the United States and Europe," NBER Chapters, in: NBER International Seminar on Macroeconomics 2011, pages 169-235, National Bureau of Economic Research, Inc.
- Wesselbaum, Dennis, 2011.
"Sector-specific productivity shocks in a matching model,"
Economic Modelling, Elsevier, vol. 28(6), pages 2674-2682.
- Wesselbaum, Dennis, 2010. "Sector-specific productivity shocks in a matching model," Kiel Working Papers 1585, Kiel Institute for the World Economy.
- Wesselbaum, Dennis, 2010. "Sector-specific productivity shocks in a matching model," Kiel Working Papers 1585 [rev.], Kiel Institute for the World Economy.
- Francesco Furlanetto & Nicolas Groshenny, "undated".
"Mismatch Shocks and Unemployment During the Great Recession,"
School of Economics Working Papers
2015-14, University of Adelaide, School of Economics.
- Francesco Furlanetto & Nicolas Groshenny, 2015. "Mismatch Shocks and Unemployment During the Great Recession," CAMA Working Papers 2015-17, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Francesco Furlanetto & Nicolas Groshenny, 2013. "Mismatch Shocks and Unemployment During the Great Recession," School of Economics Working Papers 2013-09, University of Adelaide, School of Economics.
- Francesco Furlanetto & Nicolas Groshenny, 2014. "Mismatch Shocks and Unemployment During the Great Recession," School of Economics Working Papers 2014-07, University of Adelaide, School of Economics.
- Francesco Furlanetto & Nicolas Groshenny, 2014. "Mismatch Shocks and Unemployment During the Great Recession," CAMA Working Papers 2014-57, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Francesco Furlanetto & Nicolas Groshenny, 2013. "Mismatch shocks and unemployment during the Great Recession," Working Paper 2013/16, Norges Bank.
- Auray Stéphane & Fuller David & Lkhagvasuren Damba & Terracol Antoine, 2017. "Dynamic Comparative Advantage, Directed Mobility Across Sectors, and Wages," Working Papers 2017-59, Center for Research in Economics and Statistics.
- 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).
- Maximiliano Dvorkin, 2013. "Sectoral Shocks, Reallocation and Unemployment in a Model of Competitive Labor Markets," 2013 Meeting Papers 1229, Society for Economic Dynamics.
- Howes, Cooper, 2022. "Why does structural change accelerate in recessions? The credit reallocation channel," Journal of Financial Economics, Elsevier, vol. 144(3), pages 933-952.
- Cooper Howes, 2020. "Why Does Structural Change Accelerate in Recessions? The Credit Reallocation Channel," Research Working Paper RWP 20-17, Federal Reserve Bank of Kansas City.
- Burcu Eyigungor, 2010. "Specific Capital and Vintage Effects on the Dynamics of Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 100(3), pages 1214-1237, June.
- Burcu Eyigungor, 2008. "Specific capital and vintage effects on the dynamics of unemployment and vacancies," Working Papers 08-6, Federal Reserve Bank of Philadelphia.
- Shimer, Robert, 2012. "Wage rigidities and jobless recoveries," Journal of Monetary Economics, Elsevier, vol. 59(S), pages 65-77.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:14545. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/h/nbr/nberch/14545.html