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The number of unemployed persons per vacancy more than tripled during the 2008–2009 recession. The ratio fell after July 2009 but remains more than double its prerecession level as of September 20...
The high pace of reallocation across producers is pervasive in the U.S. economy. Evidence shows this high pace of reallocation is closely linked to productivity. While these patterns hold on average,...
The recession affected Australia in September 2008 and saw a 0.7 percent rise in the nation’s unemployment (Australian Bureau of Statistics, 2009). This increase saw more Australians become financiall...
Consumption decisions are crucial determinants of business cycles and growth. As a share of US gross domestic product (GDP) personal consumer expenditure has grown steadily since the early 1970s t...
We argue that decentralization is particularly beneficial to firm performance in “bad times.” We present a model where bad times increase the importance of rapid action, and improve the alignment of i...
Background: Relatively little research has been conducted on how economic recessions impact fertility intentions. In particular, uncertainty in reproductive intentions has not been examined in relatio...
Relatively little research has been conducted on how economic recessions impact fertility intentions. In particular, uncertainty in reproductive intentions has not been examined in relation to eco...
Background: The paper gives an update to earlier analysis considering youth poverty and transition to adulthood, which is timely given the economic crisis engulfing many countries in Europe. Whereas t...
Objective: This paper provides recent cross-national evidence of the impact of the great recession on fertility in Europe in the context of the recent decade. Methods: Using data from the Human Ferti...
Disability insurance (DI) applications and awards are countercyclical. One potential explanation is that unemployed individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form ...
Did Americans respond to the recent Great Recession by demanding that government provide policy solutions to rising income insecurity, an expectation of state-of-the-art theorizing on the dynamics of ...
The United States has long been among the most active seekers of contingent protection. This was true in the 1980s and 1990s and remains true in the first decade of the 2000s. While ot...
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – wh...
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of inter...

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