sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional …), unemployment (U), and non-participation (N). We model the job-finding rates for the unemployed and non-participants, and we use … shifts in demographics, occupation, industry, region, and the reason for unemployment jointly account for very little of the …

We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment … vacancy-unemployment ratio and labor productivity have nearly the same variance. I establish this claim both using analytical … small movement along a downward sloping Beveridge curve (unemployment-vacancy locus). A shock to the job destruction rate …

and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …

unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of … fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion … in wage growth across workers and realistic cyclical fluctuations in unemployment …

. In the context of such a model, we introduce a measure of unemployment and analyze its equilibrium behavior. We show that … unemployment rate, in a way qualitatively consistent with the evidence. The model stresses the role of countercyclical markups in … the goods market as a key mechanism underlying the countercyclical behavior of unemployment …

Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … search decisions by the unemployed and job creation decisions by employers. The existing empirical literature focused on the … vacancy creation, employment, and a rise in unemployment …

Distributions of tax rates on job acceptance and layoff margins are estimated for unemployed household heads and … stimulus. Two or three million unemployed household heads and spouses, with a variety of tax situations, had as much disposable … income while unemployed as they would have by accepting a job that paid 80-100 percent of their previous one. The number …

Unemployment Insurance system to measure the effects of imperfect experience-rating on temporary layoffs and other types of … unemployment. We find a strong negative association between the degree of experience-rating and the rate of temporary layoff … unemployment, with the largest effect in recessionary years and the smallest effect in expansionary years. Increases in the degree …