Replication data for: Recall and Unemployment

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Replication data for: Recall and Unemployment		0

Project Citation:

Fujita, Shigeru, and Moscarini, Giuseppe. Replication data for: Recall and Unemployment. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E112962V1

Project Description

Summary: We document in the Survey of Income and Program Participation covering the period 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 effort significantly amplify the cyclical volatility of new job-finding and separation probabilities.

Scope of Project

JEL Classification:
      E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
      E32 Business Fluctuations; Cycles
      J63 Labor Turnover; Vacancies; Layoffs
      J64 Unemployment: Models, Duration, Incidence, and Job Search

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V1 [2019-10-12]

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