The authors study the distributional consequences of the COVID-19 pandemic's impact on
employment, both during the onset of the pandemic and over subsequent months. Using …

We develop new evidence on the cumulative earnings losses associated with job
displacement, drawing on longitudinal Social Security records for US workers from 1974 to …

This article studies the role of employer behavior in generating “negative duration
dependence”—the adverse effect of a longer unemployment spell—by sending fictitious …

Job polarization refers to the recent shrinking concentration of employment in occupations in
the middle of the skill distribution. Jobless recoveries refers to the slow rebound in …

This paper uses readily accessible aggregate time series to measure the probability that an
employed worker becomes unemployed and the probability that an unemployed worker …

From the perspective of a wide range of labor market outcomes, the recession that began in
2007 represents the deepest downturn in the postwar era. Early on, the nature of labor …

I discuss the failure of the canonical search and matching model to match the cyclical
volatility in the job finding rate. I show that job creation in the model is influenced by wages …

We find new empirical regularities in the business cycle in a cross-country panel of 22
OECD countries for the period 1972 to 2007; entrepreneurship Granger-causes the cycles of …

We provide a set of comparable estimates for the rates of inflow to and outflow from
unemployment using publicly available data for fourteen OECD economies. Using a novel …

Long-term transition rates calculated from the Current Population Survey, the Survey of
Income and Program Participation, and Rutgers University's Work Trends Survey indicate …