This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …

Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …

We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

dispersion. In the UK and the US, where the bottom of the wage distribution is more dispersed, the inactivity rate (sometimes … from the period 1994-2001. I find a sizable and significant effect of the wage on inactivity in the UK and the US but none … in France. The probability of unemployment as a function of the wage decreases more rapidly in the UK and the US than it …

.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization …

panel of outflows, unemployment and vacancy stocks data from the registers at Jobcentres in the UK; these are mapped on to … theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring … areas raise the number of local filled vacancies but lower the local outflow from unemployment. -- matching model …

This paper estimates the probability distribution of relative county unemployment in Britain for the years 1981 … unemployment transition is defined as a move between a tail and the centre of the distribution (and vice versa). We calculate …) unemployment regions have a higher probability of entering a state of lower (higher) unemployment than a state of higher (lower …