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Source: Andrew Young School of Policy Studies, Georgia State University
Resulting in 1 citation.
1. Hotchkiss, Julie L.
Moore, Robert E.
Some Like it Hot: Assessing Longer-term Labor Market Benefits from a High-Pressure Economy
Working Paper 18-01, Andrew Young School of Policy Studies Research Paper Series, Georgia State University, February 2018.
Also: http://aysps.gsu.edu/files/2018/03/18-01-HotchkissMoore-SomelikeitHot.pdf
Cohort(s): NLSY79, NLSY97
Publisher: Andrew Young School of Policy Studies, Georgia State University
Keyword(s): Economic Changes/Recession; Labor Market Outcomes; Unemployment; Unemployment Duration

Permission to reprint the abstract has not been received from the publisher.

This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding expansion. Breaking total exposure into average intensity and duration, suggests that these two dimensions have differing impacts depending on the outcome. Additionally, benefits are typically only statistically different from no exposure for a relatively few demographic groups.
Bibliography Citation
Hotchkiss, Julie L. and Robert E. Moore. "Some Like it Hot: Assessing Longer-term Labor Market Benefits from a High-Pressure Economy." Working Paper 18-01, Andrew Young School of Policy Studies Research Paper Series, Georgia State University, February 2018.