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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27105 |
来源ID | Working Paper 27105 |
Pandemic Recession: L or V-Shaped? | |
Victoria Gregory; Guido Menzio; David G. Wiczer | |
发表日期 | 2020-05-11 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We develop and calibrate a search-theoretic model of the labor market in order to forecast the evolution of the aggregate US labor market during and after the coronavirus pandemic. The model is designed to capture the heterogeneity of the transitions of individual workers across states of unemployment, employment and across different employers. The model is also designed to capture the trade-offs in the choice between temporary and permanent layoffs. Under reasonable parametrizations of the model, the lockdown instituted to prevent the spread of the novel coronavirus is shown to have long-lasting negative effects on unemployment. This is so because the lockdown disproportionately disrupts the employment of workers who need years to find stable jobs. |
主题 | Macroeconomics ; COVID-19 |
URL | https://www.nber.org/papers/w27105 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584778 |
推荐引用方式 GB/T 7714 | Victoria Gregory,Guido Menzio,David G. Wiczer. Pandemic Recession: L or V-Shaped?. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27105.pdf(396KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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