This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …

of aggregate unemployment in postwar data. While this range may seem wide it is an indication that the importance of …

margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …

unemployment. Significant asymmetries emerge. Lilien's dispersion index is significant only for relatively high levels of … unemployment and becomes insignificant for low levels suggesting that reallocation affects unemployment only when the latter is … high. More job reallocation is associated with higher unemployment. …

economic variables. For example, policy makers need accurate forecasts of the unemployment evolution in order to design short … regional unemployment. In addition, a number of papers have demonstrated the improvement in the reliability of long … dynamics of unemployment, as well as a spatial vector-autoregressive (SVAR) model. We compare the short-run forecasting …

Can the potential availability of unemployment insurance (UI) affect the behavior of employed workers and the duration … elasticity impacts welfare with a similar magnitude to the well-known elasticity of unemployment duration to benefit level. …

The geographical distribution and persistence of regional/local unemployment rates in heterogeneous economies (such as … an interest in analysing the dynamic adjustment processes of unemployment and the average degree of dependence of the … current unemployment rates or gross domestic product from the ones observed in the past. In this paper, we present a new …