Comparative Advantage in Cyclical Unemployment

Yongsung Chang, Sun-Bin Kim and Mark Bils

No 508, 2007 Meeting Papers from Society for Economic Dynamics

Abstract: Separations are noticeably more countercyclical for workers who average shorter workweeks. This pattern is mirrored in wage cyclicality; wages are less procyclical for those who work shorter hours. But separations, counter to our model predictions, are not higher in recessions nor heavily concentrated on low-skilled workers during recessions.

Date: 2007
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Related works:
Working Paper: Comparative Advantage in Cyclical Unemployment (2008)
Working Paper: Comparative Advantage in Cyclical Unemployment (2007)
Working Paper: Comparative Advantage in Cyclical Unemployment (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed007:508

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