Reassessing the Ins and Outs of Unemployment
NBER Working Paper No. 13421
---- Acknowledgements ----
My title borrows from Darby, Haltiwanger, and Plant (1986). I am grateful for comments from Fernando Alvarez, Gadi Barlevy, Francesco Belviso, Tito Boeri, Steven Davis, Jason Faberman, Robert Hall, David Laibson, Gary Solon, and Randall Wright and from seminar participants at the Bank of Italy, Bocconi University, the Chicago Fed, Harvard University, the St.\ Louis Fed, and the University of Texas-Austin on an earlier version of this paper. This paper is supported by grants from the National Science Foundation and the Sloan Foundation. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.