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来源类型Working Paper
规范类型报告
DOI10.3386/w22451
来源IDWorking Paper 22451
Heterogeneity and Unemployment Dynamics
Hie Joo Ahn; James D. Hamilton
发表日期2016-07-25
出版年2016
语种英语
摘要This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit probabilities. Unlike any previous paper in this literature, we develop a complete dynamic statistical model that allows us to measure the contribution of different shocks to the short-run, medium-run, and long-run variance of unemployment as well as to specific historical episodes. We find that changes in the inflows of newly unemployed are the key driver of economic recessions and identify an increase in permanent job loss as the most important factor.
主题Macroeconomics ; Consumption and Investment
URLhttps://www.nber.org/papers/w22451
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580125
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GB/T 7714
Hie Joo Ahn,James D. Hamilton. Heterogeneity and Unemployment Dynamics. 2016.
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