On the importance of the participation margin for labor market fluctuations

By Michael W L Elsby, B. Hobijn, Ayşegül Şahin. 2013

271 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Health Professions

View Paper: https://www.semanticscholar.org/paper/83973fbc883ec9417a55c4424f7a15ad7f086d7f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In General Health Professions

Citations in the corpus

Labor Force Participation: Recent Developments and Future Prospects (2014, background): “A recent paper by Elsby, Hobijn, and Şahin (2013) finds the countercyclical nature of the NU flows hard to explain; according to those authors, classification errors may only partly explain it, and other commonly cited channels, such as the added worker effect, don’t seem to be supported by the…”
Are the Long-Term Unemployed on the Margins of the Labor Market? (2014, result): “…shown in figure 5.9 Labor force exits and their effect on the unemployment rate have often been neglected in past research, although recent work by Elsby, Hobijn, and Şahin (2013) suggest that changes in the participation margin account for 33 percent of the cyclical variation in the…”
Labor-Market Polarization over the Business Cycle (2015, unknown): “Like the finding rates disaggregated by education in Elsby, Hobijn, and Şahin (2010), these UE rates move closely together, as a single principal factor explains more than 90% of their time- series variation.”
Decomposing the Ins and Outs of Cyclical Unemployment (2012, unknown): “1976 1980 1985 1990 1995 2000 2005 2010 Note: Shaded areas are times of recession following the definition of Elsby et al. (2009).”
Quantifying the Lasting Harm to the US Economy from the Financial Crisis (2015, background): “Elsby, Hobijn, and Sahin (2013) show the importance of studying the 126 Hall gross flows of individuals among employment, search, and out of labor force, in understanding fluctuations in participation.”
Labor Force Participation and Monetary Policy in the Wake of the Great Recession (2013, background): “ Figure 2 also seems broadly consistent with the conventional wisdom that labor force 8See Leonard (1979), Juhn (1992), Gruber (2000), Bound and Waidmann (2002), Autor and Duggan (2003, 2006), and Mo¢ tt (2012).”