unemployment exit rates for the U.S. labor market. We construct a simple model of heterogeneous unemployment with short-term and …Shimer (2012) accounts for the volatility of unemployment based on a model of homogeneous unemployment. Using data on … short-term unemployment he finds that most of unemployment volatility is accounted for by variations in the exit rate from …

Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small … obtained in closed form as a function of observable variables (i.e., interest rate, value of leisure, and statistics of labor …

We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … frictions in the labor market. We distinguish between two polar cases studied in the literature: a "creative destruction … that, in the model calibrated to the U.S. economy, both unemployment and vacancy durations are very short, i.e., the …

We construct a simple general equilibrium model of unemployment and calibrate it to the Canadian economy. Job creation …-run increase in the Canadian unemployment rate: a more generous unemployment insurance system, higher layoff costs, higher … on the unemployment rate is small …

We estimate trends in the labor force participation (LFP) and unemployment rates for demographic groups differentiated … group trends, we construct trends for the aggregate LFP and unemployment rate. Important drivers of the aggregate LFP rate … population becoming more important since 2000, and changes of groups' trend LFP rates, e.g., for women prior to 2000. The …

In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … possible detrimental impacts in unemployment entry effects and unemployment duration effects. We find that unemployment entry … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of …

-embodied technological change reduces labor demand and raises equilibrium unemployment and unemployment durations. In addition, the presence … of labor market regulation — we analyze unemployment benefits, payroll and income taxes, and firing costs — exacerbates …Does capital-embodied technological change play an important role in shaping labor market outcomes? To address this …