density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different …

In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to … counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …