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R. Jason Faberman

Federal Reserve Bank of Chicago, USA

IZA World of Labor is an exciting opportunity to provide policymakers around the world with a review of cutting-edge economic research on the labor market and employment policy. I look forward to the stimulating discussion World of Labor will no doubt create

IZA World of Labor role

Author

Current position

Senior Economist & Research Advisor, Federal Reserve Bank of Chicago, USA

Research interest

Labor economics (micro and macro), employment and firm dynamics, urban growth and agglomeration

Website

http://bit.ly/Faberman_FRBCpage

Past positions

Senior Economist, Federal Reserve Bank of Philadelphia, USA, 2007–2011; Research Economist, US Bureau of Labor Statistics, 2003–2007

Qualifications

PhD Economics, University of Maryland, College Park, 2003

Selected publications

  • “The intensity of job search and search duration.” American Economic Journal: Macroeconomics 11:3 (2019): 327–357 (with M. Kudlyak).

  • “Job flows, jobless recoveries, and the Great Moderation.” Journal of Economic Dynamics and Control 80:2 (2017): 152–170.

  • “The establishment-level behavior of vacancies and hiring.” Quarterly Journal of Economics 128:2 (2013): 581–622 (with S. Davis and J. Haltiwanger).

  • “Labor market flows in the cross-section and over time.” Journal of Monetary Economics, Carnegie-Rochester Series on Public Policy Special Issue 59:1 (2012): 1–18 (with S. Davis and J. Haltiwanger).

  • “The flow approach to labor markets: New data sources and micro-macro links.” Journal of Economic Perspectives 20:3 (2006): 3–24 (with S. Davis and J. Haltiwanger).

article(s)

  • Recruiting intensity Updated

    Recruiting intensity is critical for understanding fluctuations in the labor market

    R. Jason Faberman, July 2020
    When hiring new workers, employers use a wide variety of different recruiting methods in addition to posting a vacancy announcement, such as adjusting education, experience, or technical requirements, or offering higher wages. The intensity with which employers make use of these alternative methods can vary widely depending on a firm’s performance and with the business cycle. In fact, persistently low recruiting intensity partly helps to explain the sluggish pace of job growth in the US economy following the Great Recession, and the historically subpar wage growth during the subsequent expansion.
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