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We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and sectoral channels. Using S&P500 data from
Business Tendency Surveys A Handbook
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This handbook is a practical manual on the design and implementation of business tendency surveys, which ask company managers about the current situation of the
Unemployment in the OECD
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Why Good People Can't Get Jobs
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Peter Cappelli confronts the myth of the skills gap and provides an actionable path forward to put people back to work. Even in a time of perilously high unempl
Household Leverage and the Recession
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We evaluate and partially challenge the ‘household leverage’ view of the Great Recession. In the data, employment and consumption declined more in states wh