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Place-Based Consequences of Person-Based Transfer: Evidence from Recessions. (2022). Stuart, Bryan ; Hershbein, Brad.
In: Working Papers.
RePEc:fip:fedpwp:93859.

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  19. Figure A.3: Density of Log Employment Changes During Recessions Across Metros (a) Log Employment Changes, Demeaned 0 5 10 15 -.4 -.2 0 .2 .4 Log employment change during recession, demeaned 1973-75: SD = 0.06 1980-82: SD = 0.08 1990-91: SD = 0.05 2001: SD = 0.03 2007-09: SD = 0.04 Density (b) Log Employment Changes 0 5 10 15 -.4 -.2 0 .2 .4 Log employment change during recession 1973-75: Mean = 0.01 SD = 0.06 1980-82: Mean = -0.01 SD = 0.08 1990-91: Mean = 0.02 SD = 0.05 2001: Mean = -0.00 SD = 0.03 2007-09: Mean = -0.05 SD = 0.04 Density Notes: The figure shows estimated kernel densities of the log wage and salary employment change for each of the five recessions between 1973 and 2009. In Panel A, log employment changes are demeaned for each recession using the unweighted average across metros. Source: Authors’ calculations from BEAR data.
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