The New York Times | Discusses new analysis co-authored by Raven Molloy (Ph.D. '05), now a senior economist with the Board of Governors of the Federal Reserve System, which documents a clear trend of declining fluidity in the labor market and examines possible explanations. The paper, forthcoming in Brookings Papers in Economic Activity, is co-authored by Christopher L. Smith, Riccardo Trezzi, and Abigail Wozniak. (View the paper)