“...Data are US monthly time series of involuntary part-time employment stocks and flows from 1976 until 2019 (covering five economic downturns), derived from the...”

“...We analyze the effects of government-mandated severance payments in a rich life-cycle model with search-matching frictions in the labor market, risk-averse...”

“...In this paper, we examine how skill loss can contribute to aggregate labor market fluctuations in the Diamond-Mortensen-Pissarides model. We develop a...”

“...We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building...”

“...This paper studies the secular behavior of worker reallocation across occupations in the U.S. labor market. In the empirical analysis, we use microdata to...”

“...Are labor markets more turbulent now than thirty years ago? Most job and worker flows imply that the answer is “no”, with one exception: occupational mobility,...”