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New evidence on labor market dynamics over the business cycle

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  • Bhashkar Mazumder

Abstract

Using data from the U.S. Census Bureau?s Survey of Income and Program Participation, the author investigates how much of the cyclicality in unemployment is due to variation in the job finding rate versus the job separation rate. In addition, the article explores how employment dynamics have differed by demographic subgroups.

Suggested Citation

  • Bhashkar Mazumder, 2007. "New evidence on labor market dynamics over the business cycle," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 31(Q I), pages 36-46.
    • Handle: RePEc:fip:fedhep:y:2007:i:qi:p:36-46:n:v.31no.1
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    File URL: http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2007/ep_1qtr2007_part3_mazumder.pdf
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    References listed on IDEAS

    as
    1. Steven J. Davis & John Haltiwanger, 1992. "Gross Job Creation, Gross Job Destruction, and Employment Reallocation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 819-863.
    2. Olivier Jean Blanchard & Finn E. Kydland, 1989. "Macroeconomic implications," Proceedings, Federal Reserve Bank of Cleveland, pages 201-213.
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    Cited by:

    1. Carlos Carrillo‐Tudela & Ludo Visschers, 2023. "Unemployment and Endogenous Reallocation Over the Business Cycle," Econometrica, Econometric Society, vol. 91(3), pages 1119-1153, May.
    2. Gadi Barlevy, 2011. "Evaluating the role of labor market mismatch in rising unemployment," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 35(Q III), pages 82-96.
    3. Carrillo-Tudela, Carlos & Visschers, Ludo, 2014. "Unemployment and Endogenous Reallocation over the Business Cycle," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 2015-35, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Miyamoto, Hiroaki & Takahashi, Yuya, 2011. "Productivity growth, on-the-job search, and unemployment," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 666-680.
    5. Bertheau, Antoine & Vejlin, Rune, 2022. "Employer-to-Employer Transitions and Time Aggregation Bias," Labour Economics, Elsevier, vol. 75(C).
    6. Ludo Visschers & Ana Millan & Matthias Kredler, 2014. "Great opportunities or poor alternatives: self-employment, unemployment and paid employment over the business cycle," 2014 Meeting Papers 597, Society for Economic Dynamics.
    7. Nikita Céspedes Reynaga & Nelson R. Ramírez-Rondán, 2021. "Job Finding and Separation Rates in an Economy with High Labor Informality," Research in Labor Economics, in: Workplace Productivity and Management Practices, volume 49, pages 277-302, Emerald Group Publishing Limited.
    8. Macarena García & Alberto Naudon, 2012. "Dinámica Laboral en Chile," Working Papers Central Bank of Chile 659, Central Bank of Chile.
    9. Daniel Aaronson & Bhashkar Mazumder & Shani Schechter, 2010. "What is behind the rise in long-term unemployment?," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 34(Q II), pages 28-51.

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