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Author:Rissman, Ellen R. 

Working Paper
Trade policy and union wage dynamics

Working Paper Series, Macroeconomic Issues , Paper 89-19

Working Paper
Wage growth and sectoral shifts: Phillips curve redux

Working Paper Series, Macroeconomic Issues , Paper 92-23

Journal Article
Long-run labor market dynamics and short-run inflation

Economic Perspectives , Volume 18 , Issue Mar , Pages 15-27

Journal Article
What is the natural rate of unemployment?

Economic Perspectives , Volume 10 , Issue Sep

Report
Imports, trade policy, and union wage dynamics

Staff Memoranda , Paper 88-11

Working Paper
Self-employment as an alternative to unemployment

Data from the NLSY show that more than a quarter of all younger men experience some period of self- employment. Many of them return to wage work. This paper analyzes a simple model of job search and self- employment where self- employment provides an alternative source of income for unemployed workers. Self- employment is distinct from wage sector employment in two important respects. First, self- employment is a low-income, low- variation alternative to wage work. Second, once a worker enters self-employment, he loses eligibility to receive unemployment insurance benefits?at least until he ...
Working Paper Series , Paper WP-03-34

Journal Article
Employment growth: cyclical movements or structural change?

In judging the degree of slack in the economy, policymakers must determine the origin of any increase in the unemployment rate?specifically, how much of it is due to a cyclical slowdown (driven by the broader economy) as opposed to a structural realignment in production (driven by a shift in production from declining industries to expanding ones). The model developed in this article provides some insight into the sources and magnitude of structural change and its impact on the unemployment rate.
Economic Perspectives , Volume 33 , Issue Q IV

Newsletter
Why is inflation so low?

Chicago Fed Letter , Issue Aug

Journal Article
The self-employment duration of younger men over the business cycle

Spells of self-employment for younger men are typically of short duration with slightly more than half lasting two years or less. This article examines factors that lead to longer durations, focusing on the role of cyclical factors in distinguishing entrepreneurs from discouraged wage workers.
Economic Perspectives , Volume 30 , Issue Q III , Pages 14-27

Journal Article
Can sectoral reallocation explain the jobless recovery?

This article reconsiders the case for sectoral labor reallocation's role in the jobless recovery. The authors review and critique previous attempts to measure sectoral reallocation, with a particular emphasis on the recent contribution of Groshen and Potter (2003). Their conclusion, based on an extension of Rissman (1997), is that the need of reallocate employment across industries was lower during the most recent two recessions than in previous business cycles. Therefore, sectoral reallocation likely has not played an important role in the jobless recoveries.
Economic Perspectives , Volume 28 , Issue Q II , Pages 36-39

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