1 option
The Labor Market Four Years Into the Crisis: Assessing Structural Explanations / Jesse Rothstein.
- Format:
- Book
- Author/Creator:
- Rothstein, Jesse.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w17966.
- NBER working paper series no. w17966
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that "structural" impediments to recovery bear some of the blame. This paper reviews such structural explanations. I find that there is little evidence supporting these hypotheses, and that the bulk of the evidence is more consistent with the hypothesis that continued poor performance is primarily attributable to shortfalls in the aggregate demand for labor.
- Notes:
- Print version record
- March 2012.
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