Job-to-Job Flows in the Great Recession
研究了大衰退期间美国劳动力市场岗位间流动的急剧下降，以及伴随非就业期的岗位转换带来的更高收入损失，尤其关注住宅建筑行业离职者的行业转换和收入惩罚。
We develop prototype job-to-job flow measures to provide new evidence on labor turnover and earnings dynamics in the Great Recession. We find a sharp drop in job mobility in the Great Recession, much sharper than the previous recession, and higher earnings penalties for job transitions with an intervening nonemployment spell. Focusing on residential construction separators in particular, we find increasing rates of industry change and higher earnings penalties from job change in the Great Recession.