small businesses in the United States are one of the drivers explaining the unemployment dynamics during the Great Recession …

unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro … nonparticipants implies a lower unemployment rate, because marginal nonparticipants enter the labor force mostly through unemployment …

We develop a theory that focuses on the general equilibrium and long-run macroeconomic consequences of trends in job …

unemployment and underemployment, employment, workweeks, wages, vacancies, hiring, layoffs, quits, and surveys of consumers' and … payroll employment and the unemployment rate. Other influential indicators include the insured unemployment rate, consumers … perspective of the model, the unemployment rate declined a bit faster over the past two years than was consistent with the other …

This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …, technical change, and a productivity slowdown. We derive the consequences for the skilled-to unskilled wage gap, unemployment …

despite declines in unemployment rates. For the United States, these seemingly contradictory developments have been reconciled … natural unemployment rate (NAIRU), and (3) improved credibility of monetary policy. Here we ask whether comparable factors … between inflation, the unemployment rate, and structural factors using an extended Phillips curve model with quarterly data …

I examine whether the cyclical behavior of unemployment has changed over the post WWII period. Specifically, I test … whether cyclical movements in unemployment have become more persistent. Finding that they have, indeed, become more persistent … payroll employment as well as unemployment and that increased persistence appears to be widespread across industries. At the …