Temporary Layoffs, Loss-of-Recall and Cyclical Unemployment Dynamics
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We revisit the role of temporary layoffs in the business cycle, motivated by their unprecedented surge during the pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the present. While many have emphasized a stabilizing effect
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美国国家经济研究局创建时间：
2022-06-01
