Staff Reports
Shifts in the Beveridge Curve
August 2014  Number 687
JEL classification: E24, J60

Authors: Peter A. Diamond and  Ayşegül Şahin

This note puts the current shift in the Beveridge curve into context by examining the behavior of the curve since 1950. Outward shifts in the Beveridge curve have been common occurrences during U.S. recoveries. By itself, the presence of a shift has not been a good predictor of whether the unemployment rate at the end of the expansion following a shift was higher or lower than that in the preceding expansion.

Available only in PDF pdf  17 pages / 966 kb
Author disclosure statement(s)
Tools
E-mail Alerts