Universität zu Köln

Bredemeier, Christian ORCID: 0000-0002-7358-6992 and Winkler, Roland ORCID: 0000-0003-2988-894X (2017). The employment dynamics of different population groups over the business cycle. Appl. Econ., 49 (26). S. 2545 - 2563. ABINGDON: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. ISSN 1466-4283

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Abstract

We examine differences in employment dynamics across population groups using Bayesian vector autoregressions. We document that groups who are particularly strongly affected by business-cycle fluctuations (males, young people, non-whites, the less educated, and workers in blue-collar occupations) also tend to be affected early in the build-up of a boom or bust. We further identify the drivers of the different cyclicalities across population groups. Supply shocks seem to be most important for the heterogeneous employment fluctuations and particularly for the early effects of recessions and booms on the most affected groups. Dynamics in sectoral activity and in hiring rates can help to understand our findings.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Bredemeier, Christian UNSPECIFIED orcid.org/0000-0002-7358-6992 UNSPECIFIED Winkler, Roland UNSPECIFIED orcid.org/0000-0003-2988-894X UNSPECIFIED
URN:	urn:nbn:de:hbz:38-246954
DOI:	10.1080/00036846.2016.1243211
Journal or Publication Title:	Appl. Econ.
Volume:	49
Number:	26
Page Range:	S. 2545 - 2563
Date:	2017
Publisher:	ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Place of Publication:	ABINGDON
ISSN:	1466-4283
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language MONETARY-POLICY; IMPACTS Multiple languages Economics Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/24695