rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …

unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

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 …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

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

unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …

The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … would facilitate the structural transformation and reduce the long-term unemployment rate. Linking increases in unemployment …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …