Job-to-job transitions, job finding and the ins of unemployment
研究了衰退期间失业流入增加的两大原因：分离增加和潜在工作间转换者的工作寻找下降，利用英美二十年数据量化了这两个渠道的贡献。
Increases in the ins of unemployment during recessions are the result of two major forces: increased separations, or a fall in job finding of potential job-to-job transitions. This paper quantifies the contribution of these two channels using the flows approach to the labour market in the UK and US over a period of two decades including the Great Recession. First, the paper documents large variation in outcomes by reason for separation. Second, the paper shows that abstracting from this variation can significantly bias the importance of separations and job finding in driving changes in the ins of unemployment and the unemployment rate. Finally, the paper shows that fluctuations in layoffs and job finding conditional on separation are both important drivers of fluctuations in the ins of unemployment.