Publications
“The Shifting Reasons for Beveridge-Curve Shifts,” (joint with J. Faberman, B. Hobijn and G. Barlevy), October 2023, forthcoming in the Journal of Economic Perspectives.
“The Unemployment-Inflation Trade-off Revisited: The Phillips Curve in COVID Times” (joint with R. Crump, S. Eusepi and M. Giannoni), NBER Working Paper No. 29785, March 2024, forthcoming in the Journal of Monetary Economics.
“Inflation Strikes Back: The Role of Import Competition and the Labor Market” (joint with M. Amiti, S. Heise and F. Karahan), NBER Macroeconomics Annual 2023, volume 38.
“Has the Willingness to Work Fallen during the COVID Pandemic?” (joint with J. Faberman and A. Mueller), December 2022, Labour Economics, 79, 102275. Data for Aggregate Hours Gap series 1994-2021.
“Demographic Origins of the Start-up Deficit,” (joint with F. Karahan and B. Pugsley) January 2022, accepted at American Economic Review, Appendix Slides for the NBER EF&G.
“Job Search Behavior Among the Employed and Non-employed,” (joint with J. Faberman, A. Mueller and G. Topa), September 2021, 90:4, pp. 1743-79, Econometrica. Slides.
“Maximum Employment and the Participation Cycle” (joint with B. Hobijn), Proceedings of the 2021 Jackson Hole Symposium, Summary Handout , Slides, The Economist's Summary, Summary Article by Andrew Goodman-Bacon
“The Missing Inflation Puzzle: The Role of the Wage-Price Pass-Through," (joint with S. Heise and F. Karahan), Journal of Money Credit and Banking, 52: S2, pp. 355-391. Slides for the NBER ME
“The Shadow Margins of Labor Market Slack,” (joint with J. Faberman, A. Mueller and G. Topa), 50th Anniversary Special Issue of the Journal of Money Credit and Banking, 2020, 52(S2), 355-391. Web Appendix
“Gross Worker Flows and Fluctuations in the Aggregate Labor Market,”(joint with P. Krusell, T. Mukoyama, and R. Rogerson), Review of Economic Dynamics, 2020, 37, 205-226.
“A Unified Approach to Measuring u*” (joint with R. Crump, S. Eusepi, and M. Giannoni) Brookings Papers on Economic Activity, Spring 2019. Slides for BPEA 2019
“Flow Origins of Labor Force Participation Fluctuations” (joint with M. Elsby, B. Hobijn, F. Karahan and G. Koşar) American Economic Review, P&P, May 2019, Slides for ASSA 2019
“Grown-up Business Cycles,” (joint with B. Pugsley), Review of Financial Studies, 2019, 32(3), 1102–1147.
“The Gender Unemployment Gap,” (joint with S. Albanesi), Review of Economic Dynamics, 2018, 30, 47-67.
“Job Search Behavior over the Business Cycle” (joint with T. Mukoyama and C. Patterson), American Economic Journal: Macroeconomics, 2018, 10, 190-215.
“Gross Worker Flows over the Business Cycle,” (joint with P. Krusell, T. Mukoyama, and R. Rogerson), American Economic Review, 2017, 107, 3447-3476.
“Do Job to Job Transitions Drive Wage Fluctuations over the Business Cycle?” (joint with F. Karahan. R. Michaels, B. Pugsley and R. Schuh), American Economic Review P&P, 2017, 107, 353-357.
“Working Hard in the Wrong Place: A Mismatch-Based Explanation to UK Productivity Puzzle, ” (joint with C. Patterson, G. Topa, and G. Violante), European Economic Review, 2016, 84, 42-56.
“The Role of Sturtups in Structural Transformation,” (joint with R. Dent, F. Karahan and B. Pugsley), American Economic Review P&P, 2016, 106(5), 219-223.
“On the Importance of the Participation Margin for Labor Market Fluctuations,” (joint with M. Elsby and B. Hobijn), Journal of Monetary Economics, 2015, 72, 64-82.
“Shifts in the Beveridge Curve,” (joint with P. Diamond), Research in Economics, 2015, 69, 12-18.
“Mismatch Unemployment,” (joint with J. Song, G. Topa, and G. Violante), American Economic Review, 2014, 104(11):3529-64.
“The Decline in the U.S. Labor Share,” (joint with M. Elsby and B. Hobijn, Brookings Panel on Economic Activity, Fall 2013.
“Firms and Flexibility,” (Joint with B. Hobijn), Economic Inquiry, 2013, 51, 922-940.
“A Search and matching Approach to Labor Markets: Did the Natural Rate of Unemployment Rise?,” (Joint with M. Daly, B. Hobijn, and R. Valletta), Journal of Economic Perspectives, Summer 2012, 26(3): 3-26.
“Labor Market in the Great Recession: An Update,” (Joint with M. Elsby, B. Hobijn, and R. Valletta), Brookings Papers on Economic Activity, Fall 2011, 353-371.
“Unemployment Dynamics in the OECD,” (Joint with M. Elsby and B. Hobijn), Review of Economics and Statistics, 2013 (95), 530-548.
“Subsidizing Job Creation in the Great Recession,” (Joint with S. Kitao and J. Song), Economics Letters, 2011, 113 (3), 248-251.
“A Three State Model of Worker Flows in General Equilibrium,” (joint with P. Krusell, T. Mukoyama, and R. Rogerson), Journal of Economic Theory, 2011, 146 (3): 812-844.
“Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations,” (Joint with P. Krusell and T. Mukoyama) Review of Economic Studies, 2010, 77 (4): 1477-1507. Online Appendix
“Labor Market in the Great Recession,” (Joint with M. Elsby and B. Hobijn) Brookings Papers on Economic Activity, Spring 2010, 1-48, (lead article).
“Aggregate Labor Market Outcomes: The Role of Choice and Chance,” (joint with P. Krusell, T. Mukoyama, and R. Rogerson), Quantitative Economics, 2010, 1 (1) 97-127.
“Revisiting the Welfare Effects of Eliminating Business Cycles,” (joint with P. Krusell, T. Mukoyama, and A. A. Smith, Jr.) Review of Economic Dynamics, 2009, 12 (3) 393-402. (lead article).
“Job-finding and Separation Rates in the OECD,” (Joint with B. Hobijn) Economics Letters, 2009, 104 (3) 107-111.
“Why Did the Average Duration of Unemployment Become So much Longer?” (Joint with T. Mukoyama), Journal of Monetary Economics, 2009, 56 (2) 200-209.
“Specialization and Efficiency with Labor Market Matching,” (Joint with T. Mukoyama), Journal of Economic Dynamics and Control, 2009, 33 (1) 221-236.
“The Aggregate Implications of Indivisible Labor, Incomplete Markets and Search Frictions,” (Joint with P. Krusell, T. Mukoyama, and R. Rogerson) Journal of Monetary Economics, (Carnegie-Rochester Volume), 2008, 55 (5) 961-979.
“Specialization and Human Capital in Search Equilibrium,” (Joint with T. Mukoyama) Journal of the European Economic Association P&P, 2006, 4(2-3) 503-512.
“Costs of Business Cycles for Unskilled Workers,” (Joint with T. Mukoyama) Journal of Monetary Economics 2006, 53 (8) 2179-2193.
“Repeated Moral Hazard with Persistence,” (Joint with T. Mukoyama) Economic Theory, 2005, 25 (4) 831-854.
“Unemployment Insurance and the Role of Self-Insurance,” (Joint with A. Abdulkadiroglu and B. Kuruscu) Review of Economic Dynamics, 2002, 3, 681-703.
COMMENTS
“Comments on How Tights is the Labor Market?” by K. Abraham, J. Haltiwanger and L. Rendell; Brookings Panel, Spring 2020.
Comments on “Labor Market Flows in the Cross Section and Over Time” by S. Davis, J. Faberman and J. Haltiwanger; Carnegie-Rochester Conference, April 2011.
Comments on “Job Search, Emotional Well-Being and Job Finding in a Period of Mass Unemployment: Evidence from High-Frequency Longitudinal Data” by A. Krueger and A. Mueller; Brookings Panel, Spring 2011.
OTHER PUBLICATIONS
“The Unemployment Cost of COVID-19: How High and How Long?” (Joint with M. Tasci and J. Yan), Cleveland Fed Economic Commentary, May 2020.
“Beveridge Curves across Countries since the Great Recession, ” (Joint with B. Hobijn), IMF Economic Review, 2013.
“Employment Patterns during the Recovery: Who are getting the Jobs and Why?” (Joint with J. Willis), Kansas City Fed Economic Review, 2011 Q3.
“Which Industries are Shifting the Beveridge Curve?” (Joint with R. Barnichon, M. Elsby and B. Hobijn), Monthly Labor Review, 2012, 135 (6), 25-37.
“Why Small Businesses Were Hit harder by the Recent Recession? (Joint with S. Kitao, A. Cororaton, and S. Laiu) Federal Reserve Bank of New York Current Issues, 2011, 17-4.
“Do Initial Claims Overstate Layoffs? ’’ (Joint with B. Hobijn) Federal Reserve Bank of San Francisco Economic Letter, 2011-4.
“The Unemployment Gender Gap during the 2007 Recession,’’ (Joint with J. Song and B. Hobijn) Federal Reserve Bank of New York Current Issues, 2010, 16-2.
“Online Software Distribution without Enforcing Copy Protection as a Strategic Weapon,’’ (Joint with K. Altinkemer and J. Guan) Information Systems and e-Business Management, 2005, 3 (4) 343-361.