U.S. labor market dynamics revisited

Research output: Contribution to journalArticlepeer-review

Abstract

The picture of U.S. labor market dynamics is opaque. This paper aims at its clarification by (i) listing data facts that can be agreed upon; these indicate that there is considerable cyclicality and volatility of both accessions to and separations from employment and hence both are important for the understanding of the business cycle; (ii) presenting the business-cycle facts of key series; (iii) pointing to specific gaps in the data picture, showing that the definite characterization of labor market dynamics depends upon the closing of these data gaps.

Original languageEnglish
Pages (from-to)779-806
Number of pages28
JournalScandinavian Journal of Economics
Volume109
Issue number4
DOIs
StatePublished - 1 Dec 2007

Keywords

  • Business cycles
  • Gross worker flows
  • Hiring
  • Job finding
  • Labor market dynamics
  • Separation

Fingerprint

Dive into the research topics of 'U.S. labor market dynamics revisited'. Together they form a unique fingerprint.

Cite this