We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …

This paper analyzes optimal unemployment insurance over the business cycle in a search model in which unemployment … novel effects ignored in previous studies of optimal unemployment insurance. First, job-search efforts have little effect on … aggregate unemployment because the number of jobs available is limited, independently of matching frictions. Second, while job …

This paper examines the relation between individual unemployment durations and incidence on the one hand, and the time … currently unemployed. We also allow for the composition of the inflow into unemployment to depend on calendar time at the moment … aggregate unemployment duration data, in which we allow for unobserved heterogeneity and correlated measurement errors. We do …

France, Germany, the United Kingdom and the United States - which any theory of unemployment ought to explain. The … business cycles. Key results are: flows into and out of unemployment are countercyclical; these flows move tightly together …, over both the cycle and the long run; the bulk of exits from unemployment actually represent job findings rather than exits …