In recessions, unemployment increases despite the—perhaps counterintuitive—fact that the number of unemployed workers … finding jobs expands. On net, unemployment rises only because even more workers lose their jobs. We propose a theory of … unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In recessions, the …

increase in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

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 …

increase in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …

Socio-Economic Panel we show that women respond to their partners’ unemployment with an increase in labor market …-effects separately, revealing differences in the relationships between women’s labor market statuses and their partners’ unemployment in … similar to that of his unemployment …