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Working Paper
Measuring Employer-to-Employer Reallocation
We revisit the measurement of Employer-to-Employer (EE) transitions in the monthly Current Population Survey. We detect sharp increases in the incidence of missing answers to the relevant question starting in 2007, when the U.S. Census Bureau introduced the Respondent Identification Policy. We show evidence of non response selection by both observable and unobservable worker characteristics that correlate with EE mobility. We propose a selection model and aprocedure to impute missing answers, thus EE transitions. Our imputed EE aggregate series restores a close congruence with the business ...
Working Paper
Recall and unemployment
Using data from the Survey of Income and Program Participation (SIPP) covering 1990-2011, we document that a surprisingly large number of workers return to their previous employer after a jobless spell and experience more favorable labor market outcomes than job switchers. Over 40% of all workers separating into unemployment regain employment at their previous employer; over a fifth of them are permanently separated workers who did not have any expectation of recall, unlike those on temporary layoff. Recalls are associated with much shorter unemployment duration and better wage changes. ...
Working Paper
Recall and Unemployment
We document in the Survey of Income and Program Participation covering 1990- 2013 that a surprisingly large share of workers return to their previous employer after a jobless spell and experience very different unemployment and employment outcomes than job switchers. The probability of recall is much less procyclical and volatile than the probability of finding a new employer. We add to a quantitative, and otherwise canonical, search-and-matching model of the labor market a recall option, which can be activated freely following aggregate and job-specific productivity shocks. Recall and search ...