-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 …

allows us to control for unmeasured country-specific factors that affect relative employment and unemployment, we find that … of young and older individuals relative to the prime-aged, with no significant effects on the relative unemployment of … raises female unemployment relative to male unemployment. These results suggest that union wage-setting policies price the …

unemployment over the last three decades. We find that while macroeconomic and demographic shocks and changing labor market … important factor explaining the shift in US relative unemployment. Our finding of the central importance of these interactions … relative unemployment has fallen in recent years in part because its more flexible labor market institutions allow shocks to …

technological unemployment. This chapter discusses how new digital technologies might affect the labor market in the near future …

large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and …

Although explanations of the persistence of high unemployment in Germany, in particular long-term unemployment, have …, these factors are analyzed based on a microeconometric model of individual transitions from unemployment into employment and … dependence" arising from causal factors and "sorting" effects due to unobserved heterogeneity in the unemployment pool. I also …

between employment, unemployment and non-participation in the labour force at the individual level are derived from panel data …-state or 'equilibrium' unemployment rates for various groups of the labour force. It is shown that these differ greatly between …

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the … impact of technical change on relative wages and unemployment in a world in which one country has flexible and the other …

unemployment. The sample of approximately 15,000 observations is drawn from the 1988 Alcohol Survey of the National Health …

from unemployment to income inequality. It makes three points: 1) The U.S. has incarcerated an extraordinarily high …