Shimer and Hall point out how new measurements of the job finding probability explain unemployment volatility significantly …

role to cross-country differences in social unemployment insurance institutions that Prescott argues can be safely ignored …

unemployment and vacancies of the magnitude observed in US data in response to shocks to average labor productivity of plausible … response of unemployment and vacancies to a shock to average labor productivity. In light of these properties, cast in terms of …

In this paper I argue that most comparisons of the unemployment dynamics in the United States and Europe since the war … experiences in the two continents. Growth has a big impact on unemployment in econometric estimation. I use established estimates …

in unemployment and vacancies but also wages, is the drop in consumption for the unemployed. In addition, explaining the …

activities. For instance, while an increase in unemployment benefits can raise unemployment duration it may also reduce crimes by … unemployment extended to account for decisions to participate in the labor force. We introduce random arrivals of crime … of unemployment insurance, workers' bargaining power, skill-biased technological progress and the availability of crime …