This paper presents a framework to interpret movements in the Beveridge curve and analyze unemployment fluctuations. We … decompose the unemployment rate into three main components: (1) a component driven by changes in labor demand – movements along … driven by changes in the efficiency of matching unemployed workers to jobs. We find that cyclical movements in unemployment …

This paper presents estimates of the effect of emergency and extended unemployment benefits (EEB) on the unemployment … ineligible for EEB back to the late 1970s. To identify these estimates, we examine how exit rates from unemployment change across … different points of the distribution of unemployment duration when EEB is and is not available, controlling for changes in labor …

unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro … nonparticipants implies a lower unemployment rate, because marginal nonparticipants enter the labor force mostly through unemployment …

The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … aggregate unemployment rate. Structural estimation using a German micro-data set (SOEP) allows us to discuss the effects of a … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we …