the 2018-2021 period. The analysis focuses on the divergences in out-of-unemployment transitions and medium … detachment, prolonged periods of unemployment or a diminished success rate in reemployment. However, certain socio …

interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …

unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial … conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on … in labor and financial markets. We provide compelling micro-evidence of the unemployment accelerator: a 10% increase in a …

unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …

, greater average firm productivity, a larger formal employment share, and a marginally lower unemployment rate. …