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

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a … range of shocks labor hoarding occurs while wages are cut. We argue these features are consistent with recent evidence. …

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

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … years after labor market entry. We also contribute to the literature on inference with few clusters. …

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

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The … theoretical analysis shows that an increase in JSA and a reduction in UI reduce the output cost of recessions by making the labor …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …

We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 …