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Research ArticleI. Longer-Term Impact of the Great Recession on Workers and Firms
Open Access

Weathering the Great Recession: Variation in Employment Responses, by Establishments and Countries

Erling Barth, James Davis, Richard Freeman, Sari Pekkala Kerr
RSF: The Russell Sage Foundation Journal of the Social Sciences April 2017, 3 (3) 50-69; DOI: https://doi.org/10.7758/RSF.2017.3.3.03
Erling Barth
aResearch professor at the Institute for Social Research, Oslo; professor II at the Center for the Study of Equality and Social Organization at the Department of Economics, University of Oslo; and research economist at the National Bureau of Economic Research
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James Davis
bEconomist and RDC administrator and team lead at the U.S. Census Bureau
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Richard Freeman
cAscherman Professor of Economics at Harvard University and director of the Sloan Science Engineering Workforce Project at the National Bureau of Economic Research
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Sari Pekkala Kerr
dSenior research scientist at Wellesley College
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REFERENCES

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    Acemoglu, Daron, David Autor, David Dorn, Gordon H. Hanson, and Brendan Price. 2014. “Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing,” IZA Discussion Paper No. 7906. January 2014. Available at: http://hdl.handle.net/1721.1/95917; accessed October 20, 2016.
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    Assous, Michaël. 2013. “Struggle with Medium-Run Macroeconomics: 1956–1995.” CHOPE Working Paper No. 2013-17. Available at: https://hope.econ.duke.edu/sites/hope.econ.duke.edu/files/Assous%20Sept%2013%202013-2.pdf; accessed August 4, 2016.
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    2. Barry Bosworth
    . 2014. “US Manufacturing: Understanding Its Past and Its Potential Future.” Journal of Economic Perspectives 28(1): 3–26.
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    Basu, Susanto, and John Fernald. 2001. “Why Is Productivity Procyclical? Why Do We Care?” In New Developments in Productivity Analysis, edited by Charles R. Hultin, Edwin R. Dean, and Michael J. Harper. Cambridge, Mass.: National Bureau of Economic Research.
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    1. Biddle, Jeff E
    . 2014. “Retrospectives: The Cyclical Behavior of Labor Productivity and the Emergence of the Labor Hoarding Concept.” Journal of Economic Perspectives 28(2): 197–212.
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    Cazes, Sandrine, Sameer Khatiwada, and Miguel Malo. 2012. “Employment Protection and Collective Bargaining: Beyond the Deregulation Agenda.” ILO Employment Working Paper No. 133. Geneva: International Labour Office.
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    Davis, Steve, John Haltiwanger, Scott Schuh. 1996. Job Creation and Destruction. Cambridge, Mass.: MIT Press, 1996.
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    2. Cheryl Grim, , and
    3. John Haltiwanger
    . 2016. “Reallocation in the Great Recession: Cleansing or Not?” Journal of Labor Economics 34(S1): 293–331.
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    1. Freeman, Richard B
    . 2013. “Failing the Test? The Flexible U.S. Job Market in the Great Recession.” Annals of the American Academy of Political and Social Science 65(November): 78–97.
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    Haltiwanger, John. 2012. “Job Creation and Firm Dynamics in the United States.” In Innovation Policy and the Economy, vol. 12, edited by Josh Lerner and Scott Stern. Chicago: University of Chicago Press.
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    Holt, Charles C., Franco Modigliani, John F. Muth, and Herbert A. Simon. 1960. Planning Production, Inventories, and Work Force. Englewood Cliffs, N.J.: Prentice-Hall.
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    1. Houseman, Susan,
    2. Christopher Kurz, ,
    3. Paul Lengermann, , and
    4. Benjamin Mandel
    . 2011. “Off Shoring Bias in U.S. Manufacturing.” Journal of Economic Perspectives 25(2): 61–80.
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    Jarmin, Ron S., and Javier Miranda. 2002. “The Longitudinal Business Database.” CES Working Paper 02–17. Washington: Census Bureau, Center for Economic Studies.
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    Katz, Larry, and Alan Kreuger. 2016. “The Rise and Nature of Alternative Work Arrangements in the United States, 1995–2015.” Cambridge, Mass.: Harvard University and National Bureau for Economic Research, March. Available at: http://scholar.harvard.edu/files/lkatz/files/katz_krueger_cws_v3.pdf; accessed August 4, 2016.
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    Okun, Arthur. 1970. The Political Economy of Prosperity. New York: Norton.
  16. Pugsley, Benjamin, and Ayşegül Şahin. 2014. “Grown-Up Business Cycles.” Federal Reserve Bank of New York Staff Report No. 707. New York: Federal Reserve Bank of New York, December. Available at: www.newyorkfed.org/medialibrary/media/research/staff_reports/sr707.pdf; accessed August 4, 2016.
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    Solow, Robert R. 1964. “Draft of Presidential Address on the Short Run Relation of Employment and Output.” Robert Solow papers, Box 70, Folder 1964, David M. Rubenstein Rare Book & Manuscript Library, Duke University, Durham, N.C.
  18. ↵
    Weil, David. 2014. The Fissured Workplace. Cambridge, Mass.: Harvard University Press.
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RSF: The Russell Sage Foundation Journal of the Social Sciences: 3 (3)
RSF: The Russell Sage Foundation Journal of the Social Sciences
Vol. 3, Issue 3
1 Apr 2017
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Weathering the Great Recession: Variation in Employment Responses, by Establishments and Countries
Erling Barth, James Davis, Richard Freeman, Sari Pekkala Kerr
RSF: The Russell Sage Foundation Journal of the Social Sciences Apr 2017, 3 (3) 50-69; DOI: 10.7758/RSF.2017.3.3.03

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Weathering the Great Recession: Variation in Employment Responses, by Establishments and Countries
Erling Barth, James Davis, Richard Freeman, Sari Pekkala Kerr
RSF: The Russell Sage Foundation Journal of the Social Sciences Apr 2017, 3 (3) 50-69; DOI: 10.7758/RSF.2017.3.3.03
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  • Article
    • Abstract
    • EMPLOYMENT CHANGES DIFFERED THIS TIME
    • LABOR PRODUCTIVITY AND HOARDING
    • CHANGES IN CONTINUING, EXITING, AND ENTERING ESTABLISHMENTS
    • HETEROGENEITY IN RESPONSES TO OUTPUT SHOCKS
    • TECHNOLOGICAL CHANGE AND CAPITAL-LABOR SUBSTITUTION
    • CONCLUSION
    • Acknowledgments
    • APPENDIX A
    • APPENDIX B
    • FOOTNOTES
    • REFERENCES
  • Figures & Data
  • Info & Metrics
  • References
  • PDF

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  • The Great Recession and Its Aftermath: What Role for Structural Changes?
Show more I. Longer-Term Impact of the Great Recession on Workers and Firms

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Keywords

  • Great Recesion
  • job loss
  • employment
  • labor hoarding
  • cyclical employment patterns

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