employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment … their labor market outcomes affected, while workers working in proximity to coworkers are more affected. The unemployment …, these policies increased unemployment by nearly 4 percentage points, but reduced COVID-19 cases by 186,600-311,000, and …

increased the unemployment rate, decreased hours of work and labor force participation and had no significant impacts on wages …

-analysis plan, we investigate the negative impact of the pandemic on unemployment, labour force participation, hours and wages in …

and the unemployment rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent …

which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …

This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …

unemployment rate. I show that the connection between changes in the stock market and changes in the unemployment rate has remained … unemployment. …

Central banks throughout the world predict inflation with new-Keynesian models where, after a shock, the unemployment …

return to one of the most important ideas to emerge from Keynes’ (1936) General Theory; that high involuntary unemployment …