A New Approach to the Study of Jobless Recoveries.
This article is concerned with the measurement of jobless recoveries and the elements that may explain their emergence. We first introduce a measure that maps the various elements that define a jobless recovery into a single number that we label the jobless recovery depth. We then construct a databa...
| Publicado en: | Southern Economic Journal Vol. 83; no. 2; pp. 573 - 590 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Wiley-Blackwell
Oct2016
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=119027542&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 119027542 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: Oct2016 vid: 83 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 119027542 10.1002/soej.12162 ppf: 573 ppct: 17 formats: fmt: – @attributes: type: T – @attributes: type: P size: 389KB tig: atl: A New Approach to the Study of Jobless Recoveries. aug: au: Mendez, Fabio Reber, Jared D. Schwartz, Jeremy affil: Department of Economics, Loyola University Maryland su: United States Unemployment Labor market Equality Medical care costs Cross-sectional method sug: subj: Unemployment Labor market Equality Medical care costs Cross-sectional method United States keyword: E24 E32 E24 E32 ab: This article is concerned with the measurement of jobless recoveries and the elements that may explain their emergence. We first introduce a measure that maps the various elements that define a jobless recovery into a single number that we label the jobless recovery depth. We then construct a database of 389 state-level observations and study the cross-sectional variations that emerge. We find that jobless recoveries in the United States are not a nation-wide phenomena, but a local event confined within a cluster of states that expands slowly between 1975 and 2015. We find the state-level evidence to be consistent with theories that link jobless recoveries to unusually long expansionary periods, less dynamic labor markets, and the advent of the great moderation. The evidence is not consistent with theories that link them to decreases in union power, increases in income inequality, or increases in health care costs. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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