I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …

This paper studies the responses of unemployment in Germany, the United States and Britain to the Great Recession of … suffered from recession but no structural problems; the United States suffered from structural unemployment during the recovery …; Germany exhibited a much better performance both during and after the recession. The rise in OECD unemployment is broken down …

change in unemployment. We evaluate the model and findthat creative destruction plays no part in aggregate unemployment … dynamics. The model canexplain up to half of the estimated impact of growth on unemployment. …

This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment … risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment … dismissals are optimal if exogenous unemployment compensation is sufficiently generous. …

In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European … significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by …

on the model's failure to match the observed cyclical volatility of unemployment. Job creation in the model is influenced … elasticities are consistent with the evidence. Therefore explanations of the unemployment volatility puzzle have to preserve the … cyclical volatility of wages. I discuss some extensions of the model that can increase cyclical unemployment volatility through …