, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

. 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 …

generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. … elastic along the extensive (participation) margin. Previous authors have found that such models generate counterfactually … procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed …

I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …

change in unemployment. We evaluate the model and find that creative destruction plays no part in aggregate unemployment … dynamics. The model can explain up to half of the estimated impact of growth on unemployment. …