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題名 Explaining Demographic Heterogeneity in Cyclical Unemployment
作者 吳致謙
Jhih-ChianWu
Forsythe, Eliza
貢獻者 經濟系
關鍵詞 Unemployment rate;Unemployment Gap;Gross worker flows;Job finding rate;Separation rate;Employment exit rate
日期 2021-04
上傳時間 11-Apr-2022 13:21:45 (UTC+8)
摘要 We investigate the sources of heterogeneity in the levels and cyclical sensitivity of unemployment rates across demographic groups. We develop a new methodology to decompose cyclical and level differences in unemployment rates between groups into flows between three states (employment, unemployment, and out-of-the-labor-force). We find that increases in unemployment rates during recessions for young, non-white, and less-educated groups of workers are primarily driven by reductions in the job-finding rates, which can explain more than 60% of cyclical fluctuations in the unemployment rate across demographic groups, compared with under 20% driven by separations. However, separations are the most important factor in explaining the persistent gap in unemployment rates between each disadvantaged group and their respective counterpart group, with important differences between groups. For less-educated workers, separation rates explain most of the unemployment gap, with 75% of the separation rate attributable to industry and occupation. Less-educated workers also spend less time searching. For younger workers, we find separation rates explain all of the unemployment gap, while industry and occupation explain only 60% of their elevated separation rates. For non-white workers, hiring explains almost half of the unemployment gap. Non-white workers search more intensely for work than other groups, but spend less time interviewing per search time, suggesting that labor market discrimination contributes to non-white workers’ persistently high unemployment rates.
關聯 Labour Economics, Vol.69, pp.101955
資料類型 article
DOI https://doi.org/10.1016/j.labeco.2020.101955
dc.contributor 經濟系
dc.creator (作者) 吳致謙
dc.creator (作者) Jhih-ChianWu
dc.creator (作者) Forsythe, Eliza
dc.date (日期) 2021-04
dc.date.accessioned 11-Apr-2022 13:21:45 (UTC+8)-
dc.date.available 11-Apr-2022 13:21:45 (UTC+8)-
dc.date.issued (上傳時間) 11-Apr-2022 13:21:45 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/139771-
dc.description.abstract (摘要) We investigate the sources of heterogeneity in the levels and cyclical sensitivity of unemployment rates across demographic groups. We develop a new methodology to decompose cyclical and level differences in unemployment rates between groups into flows between three states (employment, unemployment, and out-of-the-labor-force). We find that increases in unemployment rates during recessions for young, non-white, and less-educated groups of workers are primarily driven by reductions in the job-finding rates, which can explain more than 60% of cyclical fluctuations in the unemployment rate across demographic groups, compared with under 20% driven by separations. However, separations are the most important factor in explaining the persistent gap in unemployment rates between each disadvantaged group and their respective counterpart group, with important differences between groups. For less-educated workers, separation rates explain most of the unemployment gap, with 75% of the separation rate attributable to industry and occupation. Less-educated workers also spend less time searching. For younger workers, we find separation rates explain all of the unemployment gap, while industry and occupation explain only 60% of their elevated separation rates. For non-white workers, hiring explains almost half of the unemployment gap. Non-white workers search more intensely for work than other groups, but spend less time interviewing per search time, suggesting that labor market discrimination contributes to non-white workers’ persistently high unemployment rates.
dc.format.extent 2961025 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Labour Economics, Vol.69, pp.101955
dc.subject (關鍵詞) Unemployment rate;Unemployment Gap;Gross worker flows;Job finding rate;Separation rate;Employment exit rate
dc.title (題名) Explaining Demographic Heterogeneity in Cyclical Unemployment
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.labeco.2020.101955
dc.doi.uri (DOI) https://doi.org/10.1016/j.labeco.2020.101955