Has the Great Recession raised U.S. structural unemployment? /

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Bibliographic Details
Author / Creator:Estevão, Marcello, author.
Imprint:[Washington, District of Columbia] : International Monetary Fund, 2011.
©2011
Description:1 online resource (64 p.).
Language:English
Series:IMF Working Paper ; WP/11/105
IMF working paper ; WP/11/105.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/13513903
Hidden Bibliographic Details
Other authors / contributors:Tsounta, Evridiki, author.
International Monetary Fund, author.
ISBN:1283563517
9781283563512
9786613875969
6613875961
1455256366
9781455256365
Notes:Description based upon print version of record.
Includes bibliographical references.
English.
Description based on online resource; title from PDF title page (ebrary, viewed September 22, 2014).
Summary:The recent crisis has had differential effects across U.S. states and industries causing a wide geographic dispersion in skill mismatches and housing market performance. We document these facts and, using data from the 50 states plus D.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked to skill mismatches and housing market performance even after controlling for cyclical effects. This result suggests some causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the.
Other form:1-4552-6040-1