This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … British economy, arguing that it is clear that the recession commenced in the 2nd quarter of 2008. It then examines whether … this recession is substantively different from past downturns in the UK and argues that, although the extreme rationing up …

not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters …, just as in the Great Recession we anticipate deflation in the near future, coupled with rising joblessness and recession. …

Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to … panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected … just over 10000 observations, we predict changes in the unemployment rate 12 months ahead. We do so using individuals …

This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … British economy, arguing that it is clear that the recession commenced in the 2nd quarter of 2008. It then examines whether … this recession is substantively different from past downturns in the UK and argues that, although the extreme rationing up …

. The underemployed have higher levels of well-being than the unemployed and disabled but lower levels than any other group … in 2010 that is not matched by declines in happiness measures (positive affect). The fear of unemployment obtained from …

. The underemployed have higher levels of well-being than the unemployed and disabled but lower levels than any other group … in 2010 that is not matched by declines in happiness measures (positive affect). The fear of unemployment obtained from …

Monetary Policy Committee (MPC) to both unemployment and underemployment, which in our view are invalid. Without any evidence … the MPC in its assessment of the output gap reduces the level of unemployment because of its claim that long …-term unemployment has no effect on wages. We produce contrary evidence. The MPC further reduces the level of underemployment in the …

-taken to support the hypothesis that high rates of homeownership lead to high unemploy-ment via increases in the reservation …

Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to … panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected … just over 10000 observations, we predict changes in the unemployment rate 12 months ahead. We do so using individuals …