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The employment dynamics of different population groups over the business cycle

Roland Winkler () and Christian Bredemeier

VfS Annual Conference 2016 (Augsburg): Demographic Change from Verein für Socialpolitik / German Economic Association

Abstract: We examine differences in employment dynamics across population groups using Bayesian vector autoregressions. We document that groups who are particularly strongly affected by business-cycle fluctuations (males, young people, non-whites, the less educated, and workers in blue-collar occupations) also tend to be affected early in the build-up of a boom or bust. We further identify the drivers of the different cyclicalities across population groups. Supply shocks seem to be most important for the heterogeneous employment fluctuations and particularly for the early effects of recessions and booms on the most affected groups. Dynamics in sectoral activity and in hiring rates can help to understand our findings.

JEL-codes: E32 J10 J21 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-mac
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Journal Article: The employment dynamics of different population groups over the business cycle (2017) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc16:145687

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