The effect of restructuring on unemployment
By: Andrew Figura.
Series: Finance and economics discussion series ;; 2003-56; Finance and economics discussion series (Online) ;; 2003-56.
Publisher: Federal Reserve Board
Published: 2003
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Unemployment -- United States.; Corporate reorganizations -- United States.
Description: "This paper finds that the permanent job losses associated with industrial restructuring have significantly boosted the variance of unemployment, causing it to rise much higher in recessions than it would have without cyclically correlated restructuring.  Moreover, the influence of restructuring has increased noticeably in the 1980s and 1990s, acting to increase economic instability at a time when other factors were operating to reduce it"--Federal Reserve Board web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 7/21/2004.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.