neutral set of policies and institutions, Sweden's employment distribution is sharply tilted away from lower wage industries …

national pension system, wage-setting institutions and the size of the public sector. We characterize these aspects of the … set of policies and institutions, Sweden's employment distribution in the mid-1980s is sharply tilted away from low …

This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the … determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural … unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions result from …

-displacement earnings if displaced in mass-layoff events that occur when the national unemployment rate is below 6 percent. They lose a … staggering 2.8 years of pre-displacement earnings if displaced when the unemployment rate exceeds 8 percent. These results … opportunities respond to contemporaneous economic conditions. Finally, we confront leading models of unemployment fluctuations with …

This paper discusses the NAIRU -- the non-accelerating inflation rate of unemployment. It first considers the role of … influences both inflation and unemployment. The exact value of the NAIRU is hard to measure, however, in part because it changes …

This paper argues that hysteresis helps explain the long-run behavior of unemployment. The natural rate of unemployment … is influenced by the path of actual unemployment, and hence by shifts in aggregate demand. I review past evidence for …