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Autor/inn/enHoynes, Hilary W.; Miller, Douglas L.; Schaller, Jessamyn
InstitutionNational Bureau of Economic Research
TitelWho Suffers during Recessions? NBER Working Paper No. 17951
Quelle(2012)
PDF als Volltext Verfügbarkeit 
Spracheenglisch
Dokumenttypgedruckt; online; Monographie
SchlagwörterLabor Market; Employment; Economic Climate; Comparative Analysis; Financial Problems; Financial Exigency; Unemployment; Economic Factors; Males; African Americans; Hispanic Americans; Youth; Educational Background; African American Employment; Educationally Disadvantaged; United States
AbstractIn this paper we examine how business cycles affect labor market outcomes in the United States. We conduct a detailed analysis of how cycles affect outcomes differentially across persons of differing age, education, race, and gender, and we compare the cyclical sensitivity during the Great Recession to that in the early 1980s recession. We present raw tabulations and estimate a state panel data model that leverages variation across US states in the timing and severity of business cycles. We find that the impacts of the Great Recession are not uniform across demographic groups and have been felt most strongly for men, black and Hispanic workers, youth, and low education workers. These dramatic differences in the cyclicality across demographic groups are remarkably stable across three decades of time and throughout recessionary periods and expansionary periods. For the 2007 recession, these differences are largely explained by differences in exposure to cycles across industry-occupation employment. (As Provided).
AnmerkungenNational Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2017/4/10
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