. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

"unemployment volatility puzzle". We let new matches andcontinuing jobs differ by their productivity levels and by their sensitivity …

job stayers is mostly accounted for by great wage adjustments during the period when the unemployment rate reaches a …

In terms of output decline and increase in unemployment, the economic recession in Latvia that started during the 2008 …-09 financial crisis was one of the most severe in the world. Using both decomposition of the unemployment rate into structural and … cyclical components and Mortensen and Pissarides’ search and matching approach, we demonstrate that the changes in unemployment …

This paper studies unemployment and vacancy developments in the euro area at the aggregate and country level over the … employment losses, especially in some sectors. The extent to which the rise in unemployment and particularly long …-term unemployment reflects growing mismatch across euro area labour markets is one of the biggest questions facing euro area labour …