Business Cycles and Compositional Variation in U.S. Unemployment
Bibliographic Data
| ID | 19420211 |
|---|---|
| Authors | Jaap H Abbring (0000-0002-3405-9487, University of Amsterdam), Gerard J Van Den Berg (0000-0001-7354-7486, Tinbergen Institute), Jan C Van Ours (0000-0002-0144-9956, Center for Economic and Policy Research) |
| Year | 2001 |
| Volume | 19 |
| Issue | 4 |
| Pages | 436-448 |
| Publication date | 2001-10-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Business and Economic Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0735-0015 • E-ISSN: 1537-2707 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1198/07350010152596682 |
| OpenAlex | W3086052917 |
| Language | EN |
| Citations received | 5 |
| References cited | 9 |
In this article, we study U.S. unemployment dynamics using grouped unemployment data from the Current Population Survey over the period 1968–1992. We estimate a model that traces variation in these unemployment data, both over time and between demographic groups, back to the underlying variation in the inflow and the outflow. In turn, we model the outflow as a transition process in which we allow the exit probabilities to depend on calendar time, duration, and demographic group. We use the estimation results to provide a decomposition of aggregate U.S. unemployment dynamics in various incidence and duration components
Business cycle · Demographic economics · Econometrics · Economics · Labour economics · Macroeconomics · Physics · Unemployment · Unemployment rate · Economic Theory and Policy · Firm Innovation and Growth · Labor market dynamics and wage inequality
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,24 |
| Citation span | 2005 - 2017 (13) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |