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

unemployment that are in line with the data. …

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 … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …

U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms … varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However …

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

The official U.S. unemployment rate is an inadequate measure of actual labor market conditions. This poses a major … challenge for researchers and confuses both the public and policy makers. A new definition of unemployment is proposed. It … unemployed. We find that the actual unemployment rate in May 2020 was 24.4% or 183% of the headline rate of 13.3%. …

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 … substantial reduction in the output cost of recessions and a more moderate reduction in the welfare cost of recessions in Germany. …

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 longterm unemployment benefits using a heterogeneous-agent labor …

study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and … market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …