search models, it is assumed that the economically relevant movements occur between employment and unemployment. If there are … significant flows between labor force participation and inactivity, ignoring the participation decision can lead to biased results …

by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …

-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets … employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible …

This paper introduces the age structure of the population into the analysis of medium term unemployment swings. We … incorporate age-related features into the Shapiro-Stiglitz shirking model and find that the observed age pattern of unemployment … particular the ageing of the baby-boom generation - has caused OECD wide unemployment to be 50 basis points lower than what it …

, unemployment and nonparticipation for each country. We develop a decomposition measuring the contribution of these transition … institutions. Our analysis emphasizes age-dependent vs. age-independent labor market policies, and policies related to family … picture of the employment effects of labor market institutions …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

The U.S. economy continues to be characterized by a persistently-high rate of unemployment, with at least another three … years before attainment of the pre-recession unemployment rate.Six significant structural trends are identified and their … force”. And the detrimental effect of long-term unemployment is a structural impediment to becoming well-positioned to …

In this work the precision and stability of the forecasts of Chile's unemployment rates are analyzed. Said models were … the signs of persistence that the unemployment indicator shows in its behavior; nevertheless, starting from the estimation … obtained, which empirically upholds the proposal of addressing the unemployment rate as a non stationary series. The evaluation …