NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Long-Term Unemployment and the Great Recession: The Role of Composition, Duration Dependence, and Non-Participation

Kory Kroft, Fabian Lange, Matthew J. Notowidigdo, Lawrence F. Katz

NBER Working Paper No. 20273
Issued in July 2014

---- Acknowledgements ----

We thank Barbara Petrongolo for extremely useful and thoughtful comments as a discussant and David Card, Alex Mas, and Jim Poterba for helpful feedback, and we thank Mark He for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Lawrence F. Katz ----

I am a member of the Board of Trustees of the Russell Sage Foundation, the Board of Directors of the Manpower Demonstration Research Corporation, and the Panel of Economic Advisors of the Congressional Budget Office.

Over the past three years our research team has received at least $10,000 in support from two organizations that might be viewed as having some stake in the results of this paper – the U.S. Department of Housing and Urban Development, or HUD (the sponsor of the Moving to Opportunity experiment that we study in our paper), and the MacArthur Foundation.

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