EconPapers    
Economics at your fingertips  
 

The Labor Market Four Years into the Crisis: Assessing Structural Explanations

Jesse Rothstein

ILR Review, 2012, vol. 65, issue 3, 467-500

Abstract: Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that “structural†impediments to recovery bear some of the blame. The author reviews such structural explanations, but after analyzing U.S. data on unemployment and productivity, he finds there is little evidence supporting these hypotheses. He finds that the bulk of the evidence is more consistent with the hypothesis that continued poor performance is primarily attributable to shortfalls in the aggregate demand for labor.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (51)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/001979391206500301 (text/html)

Related works:
Working Paper: The Labor Market Four Years Into the Crisis: Assessing Structural Explanations (2012) Downloads
Working Paper: The Labor Market Four Years Into the Crisis: Assessing Structural Explanations (2012) Downloads
Working Paper: The Labor Market Four Years Into the Crisis: Assessing Structural Explanations (2012) Downloads
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:sae:ilrrev:v:65:y:2012:i:3:p:467-500

DOI: 10.1177/001979391206500301

Access Statistics for this article

More articles in ILR Review from Cornell University, ILR School
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:ilrrev:v:65:y:2012:i:3:p:467-500