Labor Market Dynamics and Unemployment: A Reconsideration

Authors

• Kim B. Clark, Brigham Young University - ProvoFollow
• Lawrence H. Summers, Harvard University

Keywords

unemployment dynamics, labor turnover, search theory

Abstract

Economists in recent years have come to view unemployment as a dynamic phenomenon. Both theoretical and empirical research have emphasized the role of turnover in understanding unemployment. The instability of employment, the brevity of unemployment spells, and the large flows into and out of unemployment have been central themes of this work

Original Publication Citation

"""Labor Market Dynamics and Unemployment: A Reconsideration"" (1979). Brookings Papers on Economic Activity, 1, 13-60. (With L.H. Summers)"

BYU ScholarsArchive Citation

Clark, Kim B. and Summers, Lawrence H., "Labor Market Dynamics and Unemployment: A Reconsideration" (1979). Faculty Publications. 8995.
https://scholarsarchive.byu.edu/facpub/8995

Document Type

Peer-Reviewed Article

Publication Date

1979

Publisher

Brookings Papers on Economic Activity

Language

English

College

Marriott School of Business

Department

Marketing

University Standing at Time of Publication

Full Professor

Copyright Use Information

https://lib.byu.edu/about/copyright/