Prof Mike Elsby
Professor of Economics
Address
- Street
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Room 1.12
31 Buccleuch Place - City
- Post code
Background
Mike Elsby's research focuses on the interface between macroeconomics and labour economics, in particular unemployment and wage determination.
Recent work has examined the measurement of labour market flows in developed economies, the modelling of worker and job flows over the business cycle and across firms, the economics of adjustment costs, the role of trend wage growth on long-term increases in joblessness, and the aggregate labour market effects of downward rigidity in wages.
Mike studied economics at the London School of Economics, culminating in a Ph.D. in 2005. Prior to joining the University of Edinburgh, he was an Assistant Professor at the University of Michigan. He is an associate of the Centre for Economic Performance at the LSE.
Research summary
Labour economics
Macroeconomics
Unemployment
Wage determination
Research activities
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How prevalent is downward rigidity in nominal wages? International evidence from payroll records and pay slips
In:
Journal of Economic Perspectives, vol. 33, no. 3, pp. 185-201
DOI: https://doi.org/10.1257/jep.33.3.185
Contribution to journal › Article (Published) -
The aggregate effects of labor market frictions
In:
Quantitative Economics, vol. 10, no. 3, pp. 803-852
DOI: https://doi.org/10.3982/QE916
Contribution to journal › Article (Published) -
Flow origins of labor force participation fluctuations
In:
American Economic Association Papers and Proceedings, vol. 109, pp. 461-464
DOI: https://doi.org/10.1257/pandp.20191054
Contribution to journal › Article (Published) -
Fixed adjustment costs and aggregate fluctuations
In:
Journal of Monetary Economics, vol. 101, pp. 128-147
DOI: https://doi.org/10.1016/j.jmoneco.2018.07.008
Contribution to journal › Article (Published) -
The aggregate effects of Labor Market Frictions
(50 pages)
(Published)