institutions. Cross-country comparisons reveal a clear legacy of the Great Recession, and those countries whose unemployment grew … institutions. Cross-country comparisons reveal a clear legacy of the Great Recession, and those countries whose unemployment grew …

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …