Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/200523 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
Working Paper No. 2018-1
Verlag: 
Federal Reserve Bank of Atlanta, Atlanta, GA
Zusammenfassung: 
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a high-pressure economy during the preceding expansion. Breaking total exposure into average intensity and duration suggests that these two dimensions have differing impacts depending on the outcome. Additionally, benefits are typically only statistically significantly different from no exposure for only a relatively few demographic groups.
Schlagwörter: 
hysteresis
unemployment
labor market gaps
labor force participation
wage gaps
JEL: 
E60
E24
J64
J31
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.61 MB





Publikationen in EconStor sind urheberrechtlich geschützt.