The Timing of Labor Market Expansions: New Facts and a New Hypothesis

We document three new facts about aggregate dynamics in US labor markets over the last two decades, drawing in part from newly available data sets. We find a strong comovement between the employer-to-employer worker transition rate, various measures of wages, and the share of employment at large fir...

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Bibliographic details
Volume: 23
Main Author: Giuseppe Moscarini
Fabien Postel-Vinay
Format: Journal Article
Language: English
Place of publication: Cambridge MIT Press Journals, The 01.01.2008
published in: NBER macroeconomics annual Vol. 23; p. 12
Data of publication: 20080101
ISSN: 0889-3365
EISSN: 1537-2642
Discipline: Economics
Online Access: Fulltext
Database: ProQuest One Business
ProQuest One Business (Alumni)
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