. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high … by developed nations in the last twenty years, substantially amplify the impact on the domestic unemployment rate of …

I develop a New Keynesian model in which a type of government multiplier doubles when unemployment rises from 5 percent … unemployment is high, the increase in tightness and resulting crowding-out are small. …

procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …

unconditional and conditional correlations. Finally, we compute the contribution of the dierent transitions to unemployment rate … volatility. Our over- all conclusion points out that the employment duality is the key to understand the unemployment volatility …

This paper is motivated by the lack of any obvious relationship between aggregate poverty and unemployment in Great … Britain. We derive a framework based on individuals' risks of unemployment and poverty, and how these vary over the economic … unemployment matters for poverty - with the macro picture - that there's no strong link. We then go on to identify which household …