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 …

This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …

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 …

The regional distribution of unemployment rates in the Czech Republic over the transition period is shown to be … characterized by twin peaks, e.g. a high and a low unemployment equilibrium. The emergence of strong regional disparities at the … unemployment to job exits are taken into account and dynamic panel estimators are applied, the Czech matching function is shown to …

Unemployment rates differ widely across local labor markets. I offer new empirical evidence that high local … unemployment emerges because of elevated local job losing rates. Local employers, rather than local workers, account for most of …. The estimated model accounts for over three fourths of the cross-sectional dispersion in unemployment rates, as well as …

During the COVID-19 pandemic, the Federal Pandemic Unemployment Compensation (FPUC) increased US unemployment benefits … benefits, which supports our identification assumption. First, we find that a 10% increase in unemployment benefits caused a 3 …