Job Reallocation and Unemployment in Equilibrium

Alison E. Weingarden

No 2017-04-20-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Job reallocation in the U.S.--the sum of job creation and job destruction across employers--has been declining over several decades. This piece looks at the relationship between job reallocation and the long-run rate of unemployment ("LRU") both theoretically and empirically. In this piece I show how declines in job reallocation can coincide with higher or lower unemployment– the sign and magnitude of the relationship is ambiguous.

Date: 2017-04-20
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.federalreserve.gov/econres/notes/feds- ... librium-20170420.htm (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2017-04-20-2

DOI: 10.17016/2380-7172.1964

Access Statistics for this paper

More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier ().