's criminal justice system, offering new insights into how incarceration affects subsequent crime and employment. We construct a … directed at improving employability and reducing recidivism, and ultimately, raises employment and earnings while discouraging … negative effect on employment. Contrary to the widely embraced 'nothing works' doctrine, these findings demonstrate that time …

We provide a unified discussion of the relations among flows of workers, changes in employment and changes in the … firms in 1988 and 1990) we discover that: 1) Nearly half of all hiring is by firms where employment is not growing; 2) Over … imply that macroeconomic fluctuations can have substantial effects beyond those indicated by net employment changes at the …

unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and … institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially …

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

We develop a dynamic model of transitions in and out of employment. A worker finds a job at an optimal stopping time …

European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed … unemployed because it suggests that increases in employment will require reductions in the real wages of those currently employed …. The first part of this paper shows that increases in employment in Europe are likely to be associated with rising real …

harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects … costly since about 1980, not through overall employment effects, but through the net human-capital cost of protecting senior …

-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment … vacancy-unemployment ratio and labor productivity have nearly the same variance. I establish this claim both using analytical … small movement along a downward sloping Beveridge curve (unemployment-vacancy locus). A shock to the job destruction rate …