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The Labor Market in the Great Recession

Author

Listed:
  • 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)

Abstract

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

Suggested Citation

  • Bart Hobijn & Aysegul Sahin & Michael Elsby, 2010. "The Labor Market in the Great Recession," 2010 Meeting Papers 323, Society for Economic Dynamics.
    • Handle: RePEc:red:sed010:323
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    More about this item

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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