Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Ad
Countercyclical Restructuring and Jobless Recoveries
David Berger
Northwestern
David Berger (Northwestern) Countercyclical...
Motivation: understanding jobless recoveries
The Great Recession
1 Hours and employment still 7% below pre-recession high
...
Stylized facts
Until mid-1980s
1 Employment rebounded quickly during recovery
2 Average labor productivity (ALP) was stron...
1 of 24 Ad