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The Labor Market in the Great Recession

  • BART HOBIJN

    (Federal Reserve Bank of San Francisco and Free University Amsterdam)

  • AYSEGUL SAHIN

    (Federal Reserve Bank of New York)

  • MICHAEL ELSBY

    (University of Michigan and NBER)

2. Nevertheless, the nature of labor market adjustment in the current recession displays a remarkable resemblance to that observed in past severe recessions.

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Paper provided by Society for Economic Dynamics in its series 2010 Meeting Papers with number 323.

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Date of creation: 2010
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Handle: RePEc:red:sed010:323
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Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

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