In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … unemployment duration, comparing the experience with the prior extension of benefits (up to 72 weeks) during the much milder … periods 2000-2005 and 2007-2012, we estimate the effects of UI extensions on unemployment transitions and duration. We rely on …

The Beveridge curve depicts the empirical relationship between job vacancies and unemployment, which in turn reflects … paper combines aggregate and regional data on job vacancies and unemployment to estimate the U.S. aggregate and regional …

the natural rate of unemployment during the late 1960s and 1970s on the formation of expectations and macroeconomic … outcomes. We find that the combination of monetary policy directed at tight stabilization of unemployment near its perceived … and destabilized the economy. Had monetary policy reacted less aggressively to perceived unemployment gaps, inflation …

We provide a set of comparable estimates for the rates of inflow to and outflow from unemployment for 14 OECD economies … using publicly available data. We then devise a method to decompose changes in unemployment into contributions accounted for … by changes in inflow and outflow rates for cases where unemployment deviates from its flow steady state, as it does in …

unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the … forecast error variance of unemployment is accounted for by cyclical factors—real GDP changes (“Okun’s Law”), monetary and … dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the split …