Michael Elsby

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Affiliations

• University of Edinburgh / School of Economics
  • EDIRC entry
  • location:

Research profile

author of:

• Why Does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle
  American Economic Review, American Economic Association (2012)
  by Michael W. L. Elsby & Matthew D. Shapiro
  (ReDIF-article, aea:aecrev:v:102:y:2012:i:4:p:1378-1413)
• The Ins and Outs of Cyclical Unemployment
  American Economic Journal: Macroeconomics, American Economic Association (2009)
  by Gary Solon & Ryan Michaels & Michael W. L. Elsby
  (ReDIF-article, aea:aejmac:v:1:y:2009:i:1:p:84-110)
• Marginal Jobs, Heterogeneous Firms, and Unemployment Flows
  American Economic Journal: Macroeconomics, American Economic Association (2013)
  by Michael W. L. Elsby & Ryan Michaels
  (ReDIF-article, aea:aejmac:v:5:y:2013:i:1:p:1-48)
• Flow Origins of Labor Force Participation Fluctuations
  AEA Papers and Proceedings, American Economic Association (2019)
  by Michael Elsby & Bart Hobijn & Fatih Karahan & Gizem Koşar & Ayşegül Şahin
  (ReDIF-article, aea:apandp:v:109:y:2019:p:461-64)
• The Beveridge Curve: A Survey
  Journal of Economic Literature, American Economic Association (2015)
  by Michael W. L. Elsby & Ryan Michaels & David Ratner
  (ReDIF-article, aea:jeclit:v:53:y:2015:i:3:p:571-630)
• How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips
  Journal of Economic Perspectives, American Economic Association (2019)
  by Michael W. L. Elsby & Gary Solon
  (ReDIF-article, aea:jecper:v:33:y:2019:i:3:p:185-201)
• The role of worker flows in the dynamics and distribution of UK unemployment
  Economic Research Papers, University of Warwick - Department of Economics (2010)
  by Elsby, Michael W. L. & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, ags:uwarer:270762)
• The Great Recession In The U.K. Labour Market : A Transatlantic Perspective
  Economic Research Papers, University of Warwick - Department of Economics (2010)
  by Elsby, Michael W. L. & Smith, Jennifer C.
  (ReDIF-paper, ags:uwarer:270786)
• The Labor Market in the Great Recession
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2010)
  by Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin
  (ReDIF-article, bin:bpeajo:v:41:y:2010:i:2010-01:p:1-69)
• The Labor Market in the Great Recession — An Update to September 2011
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2011)
  by Michael W. L. Elsby & Bart Hobijn & Aysegul Sahin & Robert G. Valletta
  (ReDIF-article, bin:bpeajo:v:42:y:2011:i:2011-02:p:353-384)
• The Decline of the U.S. Labor Share
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2013)
  by Michael Elsby & Bart Hobijn & Ayseful Sahin
  (ReDIF-article, bin:bpeajo:v:44:y:2013:i:2013-02:p:1-63)
• Evaluating the Economic Significance of Downward Nominal Wage Rigidity
  CEP Discussion Papers, Centre for Economic Performance, LSE (2005)
  by Michael W. L. Elsby
  (ReDIF-paper, cep:cepdps:dp0704)
• The Role of Worker Flows in the Dynamics and Distribution of UK Unemployment
  CEP Discussion Papers, Centre for Economic Performance, LSE (2011)
  by Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth
  (ReDIF-paper, cep:cepdps:dp1058)
• Population growth, immigration and labour market dynamics
  CEP Discussion Papers, Centre for Economic Performance, LSE (2021)
  by Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth
  (ReDIF-paper, cep:cepdps:dp1814)
• Population growth, immigration, and labour market dynamics
  CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) (2021)
  by Elsby, Michael W. L. & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, cge:wacage:593)
• The Great Recession in the UK Labour Market: A Transatlantic Perspective
  National Institute Economic Review, National Institute of Economic and Social Research (2010)
  by Elsby, Michael W.L. & Smith, Jennifer C.
  (ReDIF-article, cup:nierev:v:214:y:2010:i::p:r26-r37_15)
• Fixed adjustment costs and aggregate fluctuations
  Journal of Monetary Economics, Elsevier (2019)
  by Elsby, Michael W.L. & Michaels, Ryan
  (ReDIF-article, eee:moneco:v:101:y:2019:i:c:p:128-147)
• Evaluating the economic significance of downward nominal wage rigidity
  Journal of Monetary Economics, Elsevier (2009)
  by Elsby, Michael W.L.
  (ReDIF-article, eee:moneco:v:56:y:2009:i:2:p:154-169)
• On the importance of the participation margin for labor market fluctuations
  Journal of Monetary Economics, Elsevier (2015)
  by Elsby, Michael W.L. & Hobijn, Bart & Şahin, Ayşegül
  (ReDIF-article, eee:moneco:v:72:y:2015:i:c:p:64-82)
• Population growth, immigration and labour market dynamics
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2021)
  by Elsby, Michael W. L. & Smith, Jennifer & Wadsworth, Jonathan
  (ReDIF-paper, ehl:lserod:113822)
• The Role of Worker Flows in the Dynamics and Distribution of UK Unemployment
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2011)
  by Elsby, Michael W. L. & Smith, Jennifer & Wadsworth, Jonathan
  (ReDIF-paper, ehl:lserod:121703)
• Population growth, immigration, and labor market dynamics
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2024)
  by Elsby, Michael W.L. & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, ehl:lserod:125889)
• Evaluating the economic significance of downward nominal wage rigidity
  LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2005)
  by Elsby, Michael W. L.
  (ReDIF-paper, ehl:lserod:19882)
• Wage Adjustment in Efficient Long-Term Employment Relationships
  Working Papers, Federal Reserve Bank of Cleveland (2023)
  by Michael Elsby & Axel Gottfries & Pawel Krolikowski & Gary Solon
  (ReDIF-paper, fip:fedcwq:97089)
• Unemployment dynamics in the OECD
  Working Paper Series, Federal Reserve Bank of San Francisco (2009)
  by Bart Hobijn & Ayşegül Şahin
  (ReDIF-paper, fip:fedfwp:2009-04)
• The labor market in the Great Recession
  Working Paper Series, Federal Reserve Bank of San Francisco (2010)
  by Michael Elsby & Bart Hobijn & Ayşegül Şahin
  (ReDIF-paper, fip:fedfwp:2010-07)
• Which industries are shifting the Beveridge curve?
  Working Paper Series, Federal Reserve Bank of San Francisco (2010)
  by Régis Barnichon & Bart Hobijn & Ayşegül Şahin
  (ReDIF-paper, fip:fedfwp:2010-32)
• The labor market in the Great Recession: an update
  Working Paper Series, Federal Reserve Bank of San Francisco (2011)
  by Michael Elsby & Bart Hobijn & Ayşegül Şahin & Robert G. Valletta
  (ReDIF-paper, fip:fedfwp:2011-29)
• On the Importance of the Participation Margin for Market Fluctuations
  Working Paper Series, Federal Reserve Bank of San Francisco (2013)
  by Michael Elsby & Bart Hobijn & Ayşegül Şahin
  (ReDIF-paper, fip:fedfwp:2013-05)
• The Decline of the U.S. Labor Share
  Working Paper Series, Federal Reserve Bank of San Francisco (2013)
  by Michael Elsby & Bart Hobijn & Ayşegül Şahin
  (ReDIF-paper, fip:fedfwp:2013-27)
• The Aggregate Effects of Labor Market Frictions
  Working Papers, Federal Reserve Bank of Philadelphia (2017)
  by Michael Elsby & Ryan Michaels & David Ratner
  (ReDIF-paper, fip:fedpwp:17-40)
• Vacancy Chains
  Working Papers, Federal Reserve Bank of Philadelphia (2020)
  by Michael Elsby & Ryan Michaels & David Ratner
  (ReDIF-paper, fip:fedpwp:88450)
• Vacancy Chains
  Working Papers, Federal Reserve Bank of Philadelphia (2022)
  by Michael Elsby & Axel Gottfries & Ryan Michaels & David Ratner
  (ReDIF-paper, fip:fedpwp:94661)
• Trends in British public investment
  Fiscal Studies, Institute for Fiscal Studies (2002)
  by Tom Clark & Mike Elsby & Sarah Love
  (ReDIF-article, ifs:fistud:v:23:y:2002:i:3:p:305-352)
• How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips
  IZA Discussion Papers, Institute of Labor Economics (IZA) (2019)
  by Elsby, Michael & Solon, Gary
  (ReDIF-paper, iza:izadps:dp12125)
• Population Growth, Immigration and Labour Market Dynamics
  IZA Discussion Papers, Institute of Labor Economics (IZA) (2021)
  by Elsby, Michael & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, iza:izadps:dp14847)
• The Role of Worker Flows in the Dynamics and Distribution of UK Unemployment
  IZA Discussion Papers, Institute of Labor Economics (IZA) (2011)
  by Elsby, Michael & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, iza:izadps:dp5784)
• Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain
  NBER Chapters, National Bureau of Economic Research, Inc (2013)
  by Michael W. L. Elsby & Donggyun Shin & Gary Solon
  (ReDIF-chapter, nbr:nberch:13287)
• Evaluating the Economic Significance of Downward Nominal Wage Rigidity
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Michael W. Elsby
  (ReDIF-paper, nbr:nberwo:12611)
• The Ins and Outs of Cyclical Unemployment
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Michael W. Elsby & Ryan Michaels & Gary Solon
  (ReDIF-paper, nbr:nberwo:12853)
• Marginal Jobs, Heterogeneous Firms, & Unemployment Flows
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Michael W. L. Elsby
  (ReDIF-paper, nbr:nberwo:13777)
• Unemployment Dynamics in the OECD
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Michael Elsby & Bart Hobijn & Aysegul Sahin
  (ReDIF-paper, nbr:nberwo:14617)
• Stepping Off the Wage Escalator: The Effects of Wage Growth on Equilibrium Employment
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Michael W. L. Elsby & Matthew D. Shapiro
  (ReDIF-paper, nbr:nberwo:15117)
• The Labor Market in the Great Recession
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Michael W. Elsby & Bart Hobijn & Aysegul Sahin
  (ReDIF-paper, nbr:nberwo:15979)
• Wage Adjustment in the Great Recession
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Michael W. Elsby & Donggyun Shin & Gary Solon
  (ReDIF-paper, nbr:nberwo:19478)
• How Prevalent Is Downward Rigidity in Nominal Wages? International Evidence from Payroll Records and Pay Slips
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Michael W. Elsby & Gary Solon
  (ReDIF-paper, nbr:nberwo:25393)
• Wage Adjustment in Efficient Long-Term Employment Relationships
  NBER Working Papers, National Bureau of Economic Research, Inc (2024)
  by Michael W. L. Elsby & Axel Gottfries & Pawel M. Krolikowski & Gary Solon
  (ReDIF-paper, nbr:nberwo:33149)
• The role of worker flows in the dynamics and distribution of UK unemployment
  Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited (2011)
  by Michael W. L. Elsby & Jennifer C. Smith & Jonathan Wadsworth
  (ReDIF-article, oup:oxford:v:27:y:2011:i:2:p:338-363)
• Firm Dynamics, On-the-Job Search, and Labor Market Fluctuations
  The Review of Economic Studies, Review of Economic Studies Ltd (2022)
  by Michael W L Elsby & Axel Gottfries
  (ReDIF-article, oup:restud:v:89:y:2022:i:3:p:1370-1419.)
• The Labor Market in the Great Recession
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Bart Hobijn & Aysegul Sahin & Michael Elsby
  (ReDIF-paper, red:sed010:323)
• Fixed Adjustment Costs and Aggregate Fluctuations
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by Ryan Michaels & Michael Elsby
  (ReDIF-paper, red:sed012:679)
• Vacancy Chains
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Ryan Michaels & David Ratner & Michael Elsby
  (ReDIF-paper, red:sed016:753)
• Labor Market Frictions and Aggregate Employment
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Ryan Michaels & David Ratner & Michael Elsby
  (ReDIF-paper, red:sed016:770)
• Vacancy Chains
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Ryan Michaels & David Ratner & Michael Elsby
  (ReDIF-paper, red:sed017:888)
• The Wages of Nonemployment
  2018 Meeting Papers, Society for Economic Dynamics (2018)
  by Michael Elsby & David Ratner & Ryan Michaels
  (ReDIF-paper, red:sed018:1077)
• The Great Recession In The Uk Labour Market: A Transatlantic Perspective
  National Institute Economic Review, National Institute of Economic and Social Research (2010)
  by Michael W.L. Elsby & Jennifer C. Smith
  (ReDIF-article, sae:niesru:v:214:y:2010:i:1:p:r26-r37)
• Which Industries are shifting the Beveridge Curve?
  Tinbergen Institute Discussion Papers, Tinbergen Institute (2011)
  by Regis Barnichon & Michael Elsby & Bart Hobijn & Aysegul Sahin
  (ReDIF-paper, tin:wpaper:20110157)
• Unemployment Dynamics in the OECD
  Tinbergen Institute Discussion Papers, Tinbergen Institute (2011)
  by Michael W.L. Elsby & Bart Hobijn & Aysegul Sahin
  (ReDIF-paper, tin:wpaper:20110159)
• The Labor Market in the Great Recession: An Update
  Tinbergen Institute Discussion Papers, Tinbergen Institute (2011)
  by Michael W.L. Elsby & Bart Hobijn & Aysegul Sahin & Robert G. Valletta
  (ReDIF-paper, tin:wpaper:20110173)
• Unemployment Dynamics in the OECD
  The Review of Economics and Statistics, MIT Press (2013)
  by Michael W. L. Elsby & Bart Hobijn & Ayşegül Şahin
  (ReDIF-article, tpr:restat:v:95:y:2013:i:2:p:530-548)
• Wage Adjustment in the Great Recession and Other Downturns: Evidence from the United States and Great Britain
  Journal of Labor Economics, University of Chicago Press (2016)
  by Michael W. L. Elsby & Donggyun Shin & Gary Solon
  (ReDIF-article, ucp:jlabec:doi:10.1086/682407)
• The aggregate effects of labor market frictions
  Quantitative Economics, Econometric Society (2019)
  by Michael W. L. Elsby & Ryan Michaels & David Ratner
  (ReDIF-article, wly:quante:v:10:y:2019:i:3:p:803-852)
• Population growth, immigration, and labour market dynamics
  The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2021)
  by Elsby, Michael W.L. & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, wrk:warwec:1383)
• A Great Recession in the UK Labour Market : A Transatlantic Perspective
  The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2010)
  by Smith, Jennifer & Elsby, Michael
  (ReDIF-paper, wrk:warwec:945)
• The role of worker flows in the dynamics and distribution of UK unemployment
  The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics (2011)
  by Elsby, Michael W.L. & Smith, Jennifer C. & Wadsworth, Jonathan
  (ReDIF-paper, wrk:warwec:962)