in the vacancy-unemployment ratio without ad hoc assumptions of wage rigidity. This paper presents a mechanism of such … strategies of choosing a Pareto inefficient transition path. This type of path is generated after a time preference shock and … economy, and the vacancy-unemployment ratio experiences large cyclical fluctuations. …

This paper argues that existing matching models with unemployment as an active search and nonparticipation as an … inactive search predict counterfactual results: the unemployment rate is at most two times as volatile as the … employmentpopulation ratio; only 20 percent of the actual volatility of the unemployment rate is accounted for; and the labor market …

literature tries to decompose this intratemporal elasticity into its main components, the "Ins and Outs of Unemployment" (Shimer …

foreign capital in the urban formal sector on unemployment and social welfare crucially hinge on the relative factor …’s twin objectives of improvement in social welfare and mitigation of the urban unemployment problem. These results are … extremely crucial from the view of policymaking in an unemployment plagued, low-income developing economy. …

results suggest a negative association of DSL availability with unemployment rates across German municipalities. However, the … unemployment. …

This paper quantitatively investigates the scope for improving welfare by making aspects of the unemployment insurance …

employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … that a persistent lack of demand is responsible for the major part of the German unemployment problem. … und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …