attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …

implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

clothing. We find that households living in counties that went into lockdown earlier expect the unemployment rate over the next … twelve months to be 13 percentage points higher and continue to expect higher unemployment at horizons of three to five years … decline in employment in recent months as well as declines in consumer spending. While lockdowns have pronounced effects on …