"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 …

some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed … of the various shocks, labour market institutions and policy responses in shaping countries’ labour market reactions; and … Dynamics Network (WDN) questionnaire on wage bargaining institutions in euro area countries; and it has computed worker flows …

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 …

some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed … of the various shocks, labour market institutions and policy responses in shaping countries’ labour market reactions; and … Dynamics Network (WDN) questionnaire on wage bargaining institutions in euro area countries; and it has computed worker flows …