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Job Duration over the Business Cycle

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  • JOSÉ MUSTRE‐DEL‐RÍO

Abstract

Evidence from the National Longitudinal Survey of Youth (NLSY) suggests that the cyclicality of job duration depends on the worker's prior and future employment status. For example, among matches formed with previously nonemployed workers, those that end with the worker returning to nonemployment display procyclical duration. In contrast, matches that end because the worker switches to another job have countercyclical duration. Moreover, differences in starting wages do not account for these patterns.

Suggested Citation

  • José Mustre‐Del‐Río, 2019. "Job Duration over the Business Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(6), pages 1691-1711, September.
    • Handle: RePEc:wly:jmoncb:v:51:y:2019:i:6:p:1691-1711
    DOI: 10.1111/jmcb.12565
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    References listed on IDEAS

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    Cited by:

    1. Kudlyak, Marianna, 2024. "How Cyclical Is the User Cost of Labor?," CEPR Discussion Papers 18964, C.E.P.R. Discussion Papers.
    2. Ismail Baydur & Toshihiko Mukoyama, 2020. "Job Duration and Match Characteristics over the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 33-53, July.
    3. Marianna Kudlyak, 2024. "How Cyclical Is the User Cost of Labor?," Journal of Economic Perspectives, American Economic Association, vol. 38(2), pages 159-180, Spring.

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