local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

Since the end of the Great Recession in mid-2009, the unemployment rate has recovered slowly, falling by only one … weakness has led to the highest level of long-term unemployment in the U.S. in the postwar period, and a blurring of the … distinction between unemployment and nonparticipation. We show that flows from nonparticipation to unemployment are important for …

context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to … unemployment can be causally attributedto being insured. To disentangle moral hazard from adverse selection we use an institutional … featureof the Danish unemployment system that provides an additional motive to choose insurance(an early retirement option). We …