In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … standard measures of long-term unemployment and alternative measures of long-term non-employment. Next, we take a closer look …

has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …

According to Ljungqvist and Sargent (1998), high European unemployment since the 1980s can be explained by a rise in … to high unemployment benefits. In this paper we reassess the turbulence-unemployment relationship using a matching model … Ljungqvist and Sargent (1998, 2004) are reversed, and higher turbulence leads to a reduction in unemployment. Thus, changes in …