Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years

By R. Hall. NBER macroeconomics annual, 2005

425 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7b46c7654eb86cd28881ef625ec1a01703e0a1f2

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In Economics and Econometrics

Citations in the corpus

The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer? (2009, neutral): “Hall (2005b), comparing the volatility of the inflow and outflow rates, concluded that the volatility in unemployment is explained entirely by changes in the outflow rate.”
Net Job Creation in an Increasingly Autonomous Economy: The Challenge of a Generation (2019, background): “It was also hoped that workers would be able to retool and adapt to the new technologies and markets, but in recent years, it has become clear that many people have been left behind (Farber, 2005; Hall, 2005).”
The Cyclicality of Separation and Job Finding Rates (2008, neutral): “…faced by individual workers.1 Furthermore, researchers have highlighted the variability of unemployment as a key measure of aggregate labor market activity.2 In this paper we assess the cyclical behavior of worker transition rates into and out of unemployment for the aggregate U.S. labor market.”
Recessions and the Costs of Job Loss (2011, neutral): “See the online appendix for a more detailed description of the simulations and calculations. b. Calibration is similar to that in Shimer (2005) and Hall (2005). c. Model entails sequential bargaining with disagreement costs à la Binmore, Rubinstein, and Wolinsky (1986).”
Credit, Vacancies and Unemployment Fluctuations (2014, neutral): “Wt(z) = ηωt [(1 + Ω(xt)) zXt + γθtφt] + (1 − η)ωtb (12)”
Really Uncertain Business Cycles (2012, positive): “Interestingly this result is consistent with the claims in Hall (2005) and Shimer (2005) that firing is acylical and that the majority of the cyclical adjustment in the labor force is done through a reduction in hiring.”
Nominal Wage Rigidities in a New Keynesian Model with Frictional Unemployment (2006, positive): “More recently, Hall (2005) and Shimer (2004) showed that these models fail to generate the observed volatility in unemployment and job vacancies.”
The Unemployment Gender Gap During the 2007 Recession (2010, positive): “Before the fl ows data became publicly available, researchers estimated the unemployment fl ow rates using unemployment stock data (Shimer 2005; Hall 2006; Elsby, Hobijn, and Şahin 2009).”