collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …

across LFS histories: they are 25-30% among those currently out of the labor force (OLF) with recent employment, 10% among …

employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …

, the estimates of the elasticity of individual wages to local unemployment rates was -0.07, a value that is very close to …

The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …

lead to success. Many leave self-employment after a short period and the economic outcome varies greatly. It is important … become self-employed. In the second part of the paper we study the economic outcome of self-employment in 2002 for Swedish … self-employment and having employees in the firm. The estimations show that those who were wage earners in 1998 have higher …

unemployment results. With an intermediate view, when partial equilibrium effects are taken into account, high real wages and … unemployment results, which may explain the persistence of high unemployment in Europe. If all general equilibrium effects are … incorporated at once, again low real wages and low unemployment results. We thus obtain a hump-shaped relationship between the …

unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production … leading to a rise in unemployment. Moreover, we identify polar cases when unemployment strongly decreases. …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …