Okun Revisited: Who Benefits Most from a Strong Economy
Author
Abstract
Suggested Citation
DOI: 10.17016/FEDS.2019.072
Download full text from publisher
References listed on IDEAS
- Katharine L. Bradbury, 2000. "Rising tide in the labor market: to what degree do expansions benefit the disadvantaged?," New England Economic Review, Federal Reserve Bank of Boston, issue May, pages 3-33.
- Kahn, Lisa B., 2010. "The long-term labor market consequences of graduating from college in a bad economy," Labour Economics, Elsevier, vol. 17(2), pages 303-316, April.
- 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.
- Steven J. Davis & Jason Faberman & John C. Haltiwanger, 2011. "Labor Market Flows in the Cross Section and Over Time," NBER Working Papers 17294, National Bureau of Economic Research, Inc.
- Dave Reifschneider & William Wascher & David Wilcox, 2015.
"Aggregate Supply in the United States: Recent Developments and Implications for the Conduct of Monetary Policy,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 63(1), pages 71-109, May.
- David L. Reifschneider & William L. Wascher & David W. Wilcox, 2013. "Aggregate supply in the United States: recent developments and implications for the conduct of monetary policy," Finance and Economics Discussion Series 2013-77, Board of Governors of the Federal Reserve System (U.S.).
- Modestino, Alicia Sasser & Shoag, Daniel & Ballance, Joshua, 2016.
"Downskilling: changes in employer skill requirements over the business cycle,"
Labour Economics, Elsevier, vol. 41(C), pages 333-347.
- Joshua Ballance & Alicia Sasser Modestino & Daniel Shoag, 2016. "Downskilling: changes in employer skill requirements over the business cycle," Working Papers 16-9, Federal Reserve Bank of Boston.
- Sasser Modestino, Alicia & Shoag, Daniel & Ballance, Joshua, 2016. "Downskilling: Changes in Employer Skill Requirements over the Business Cycle," Working Paper Series 16-014, Harvard University, John F. Kennedy School of Government.
- Hilary Hoynes & Douglas L. Miller & Jessamyn Schaller, 2012.
"Who Suffers during Recessions?,"
Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 27-48, Summer.
- Hilary W. Hoynes & Douglas L. Miller & Jessamyn Schaller, 2012. "Who Suffers During Recessions?," NBER Working Papers 17951, National Bureau of Economic Research, Inc.
- 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.
- Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher L. Smith & William L. Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Finance and Economics Discussion Series 2014-64, Board of Governors of the Federal Reserve System (U.S.).
- Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher L. Smith & William L. Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Working Papers (Old Series) 1410, Federal Reserve Bank of Cleveland.
- Harris Dellas & Plutarchos Sakellaris, 2003.
"On the cyclicality of schooling: theory and evidence,"
Oxford Economic Papers, Oxford University Press, vol. 55(1), pages 148-172, January.
- Dellas, Harris & Sakellaris, Plutarchos, 1996. "On the cyclicality of schooling: Theory and evidence," LIDAM Discussion Papers IRES 1997002, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- George A. Akerlof & Andrew K. Rose & Janet L. Yellen, 1988. "Job Switching and Job Satisfaction in the U.S. Labor Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(2), pages 495-594.
- Bruce Fallick & Pawel Krolikowski, 2018. "Hysteresis in Employment among Disadvantaged Workers," Working Papers (Old Series) 1801, Federal Reserve Bank of Cleveland.
- Steven J. Davis & R. Jason Faberman & John Haltiwanger, 2006.
"The Flow Approach to Labor Markets: New Data Sources and Micro-Macro Links,"
Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 3-26, Summer.
- Steven J. Davis & R. Jason Faberman & John Haltiwanger, 2006. "The Flow Approach to Labor Markets: New Data Sources and Micro-Macro Links," NBER Working Papers 12167, National Bureau of Economic Research, Inc.
- 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.).
- Song, Frank M & Wu, Yangru, 1997. "Hysteresis in Unemployment: Evidence from 48 U.S. States," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 235-243, April.
- Julie L. Hotchkiss & Robert E. Moore, 2018. "Some Like It Hot: Assessing Longer-Term Labor Market Benefits from a High-Pressure Economy," FRB Atlanta Working Paper 2018-1, Federal Reserve Bank of Atlanta.
- Harry J. Holzer & Steven Raphael & Michael A. Stoll, 2006. "Employers in the Boom: How Did the Hiring of Less-Skilled Workers Change during the 1990s?," The Review of Economics and Statistics, MIT Press, vol. 88(2), pages 283-299, May.
- Regis Barnichon & Geert Mesters, 2018. "On the Demographic Adjustment of Unemployment," The Review of Economics and Statistics, MIT Press, vol. 100(2), pages 219-231, May.
- Dellas, Harris & Koubi, Vally, 2003. "Business cycles and schooling," European Journal of Political Economy, Elsevier, vol. 19(4), pages 843-859, November.
- Marcus Hagedorn & Iourii Manovskii, 2013. "Job Selection and Wages over the Business Cycle," American Economic Review, American Economic Association, vol. 103(2), pages 771-803, April.
- Muriel Dal Pont Legrand & Harald Hagemann, 2017. "Retrospectives: Do Productive Recessions Show the Recuperative Powers of Capitalism? Schumpeter's Analysis of the Cleansing Effect," Journal of Economic Perspectives, American Economic Association, vol. 31(1), pages 245-256, Winter.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Janice C. Eberly & James H. Stock & Jonathan H. Wright, 2019. "The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment," NBER Working Papers 26002, 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.- Brad Hershbein & Lisa B. Kahn, 2018.
"Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings,"
American Economic Review, American Economic Association, vol. 108(7), pages 1737-1772, July.
- Brad J. Hershbein & Lisa B. Kahn, "undated". "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," Upjohn Working Papers and Journal Articles hk-18aer, W.E. Upjohn Institute for Employment Research.
- Brad Hershbein & Lisa B. Kahn, 2016. "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," NBER Working Papers 22762, National Bureau of Economic Research, Inc.
- Brad J. Hershbein & Lisa B. Kahn, 2016. "Do Recessions Accelerate Routine-Biased Technological Change? Evidence from Vacancy Postings," Upjohn Working Papers and Journal Articles 16-254, W.E. Upjohn Institute for Employment Research.
- Julie L. Hotchkiss & Robert E. Moore, 2018. "Some Like It Hot: Assessing Longer-Term Labor Market Benefits from a High-Pressure Economy," FRB Atlanta Working Paper 2018-1, Federal Reserve Bank of Atlanta.
- Yagan, Danny, 2016. "The Enduring Employment Impact of Your Great Recession Location," Institute for Research on Labor and Employment, Working Paper Series qt12d0w9bs, Institute of Industrial Relations, UC Berkeley.
- Steven J. Davis & Till Von Wachter, 2011.
"Recessions and the Costs of Job Loss,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 1-72.
- Steven J. Davis & Till M. von Wachter, 2011. "Recessions and the Cost of Job Loss," NBER Working Papers 17638, National Bureau of Economic Research, Inc.
- Fraser Summerfield & Ioannis Theodossiou, 2017. "The Effects Of Macroeconomic Conditions At Graduation On Overeducation," Economic Inquiry, Western Economic Association International, vol. 55(3), pages 1370-1387, July.
- John P. Conley & Ali Sina Önder & Benno Torgler, 2012.
"Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity,"
Working Papers
2012.86, Fondazione Eni Enrico Mattei.
- John P. Conley & Ali Sina Onder & Benno Torgler, 2013. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," QuBE Working Papers 006, QUT Business School.
- Conley, John P. & Önder, Ali Sina & Torgler, Benno, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," Working Paper Series 2012:13, Uppsala University, Department of Economics.
- Conley, John P. & Onder, Ali Sina & Torgler, Benno, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," Economy and Society 142954, Fondazione Eni Enrico Mattei (FEEM).
- John P. Conley & Ali Sina Onder & Benno Torgler, 2012. "Are all High-Skilled Cohorts Created Equal? Unemployment, Gender, and Research Productivity," CREMA Working Paper Series 2012-15, Center for Research in Economics, Management and the Arts (CREMA).
- Clemens, Jeffrey, 2016. "The Low-Skilled Labor Market from 2002 to 2014: Measurement and Mechanisms," MPRA Paper 75690, University Library of Munich, Germany.
- Bruce Fallick & Pawel Krolikowski, 2019. "Excess Persistence in Employment of Disadvantaged Workers," Working Papers 201801R, Federal Reserve Bank of Cleveland.
- Andreas Hornstein & Marianna Kudlyak, 2019.
"Aggregate Labor Force Participation and Unemployment and Demographic Trends,"
Working Paper
19-8, Federal Reserve Bank of Richmond.
- Andreas Hornstein & Marianna Kudlyak, 2019. "Aggregate Labor Force Participation and Unemployment and Demographic Trends," Working Paper Series 2019-7, Federal Reserve Bank of San Francisco.
- Henry R. Hyatt & James R. Spletzer, 2016. "The Shifting Job Tenure Distribution†," Working Papers 16-12r, Center for Economic Studies, U.S. Census Bureau.
- Hess Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner, 2014.
"Assessing the Change in Labor Market Conditions,"
FEDS Notes
2014-05-22, Board of Governors of the Federal Reserve System (U.S.).
- Hess 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.
- Hess Chung & Bruce Fallick & Christopher J. Nekarda & David Ratner, 2014. "Assessing the Change in Labor Market Conditions," Finance and Economics Discussion Series 2014-109, Board of Governors of the Federal Reserve System (U.S.).
- Stratton, Leslie S., 2017. "Housing Prices, Unemployment Rates, Disadvantage, and Progress toward a Degree," IZA Discussion Papers 10941, Institute of Labor Economics (IZA).
- Janet L. Yellen, 2016. "Macroeconomic Research After the Crisis : a speech at \"The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics\" 60th annual economic conference sponsored b," Speech 915, Board of Governors of the Federal Reserve System (U.S.).
- Steven J. Davis & Till Von Wachter, 2011.
"Recessions and the Costs of Job Loss,"
Brookings Papers on Economic Activity,
Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 1-72.
- Steven J. Davis & Till M. von Wachter, 2011. "Recessions and the Cost of Job Loss," NBER Working Papers 17638, National Bureau of Economic Research, Inc.
- Steven J. Davis & Till Von Wachter, 2011. "Recessions and the Costs of Job Loss," Working Papers 2011-009, Becker Friedman Institute for Research In Economics.
- Alessandrini, Diana, 2018. "Is post-secondary education a safe port and for whom? Evidence from Canadian data," Economics of Education Review, Elsevier, vol. 67(C), pages 1-13.
- 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.
- Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher L. Smith & William L. Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Finance and Economics Discussion Series 2014-64, Board of Governors of the Federal Reserve System (U.S.).
- Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher L. Smith & William L. Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Working Papers (Old Series) 1410, Federal Reserve Bank of Cleveland.
- Summerfield, Fraser, 2014. "Labor Market Conditions, Skill Requirements and Education Mismatch," CLSSRN working papers clsrn_admin-2014-19, Vancouver School of Economics, revised 28 Apr 2014.
- Steven J. Davis & John Haltiwanger, 2014. "Labor Market Fluidity and Economic Performance," NBER Working Papers 20479, National Bureau of Economic Research, Inc.
- Reicher, Christopher Phillip, 2011. "Hiring chains and the dynamic behavior of job and worker flows," Kiel Working Papers 1709, Kiel Institute for the World Economy (IfW).
More about this item
Keywords
Business Cycles; Inequality; Labor supply and demand; Racial Disparities; Unemployment;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2019-11-25 (Macroeconomics)
Statistics
Access and download statisticsCorrections
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:fip:fedgfe:2019-72. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/frbgvus.html .
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 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.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.