unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …

search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …

In this paper we investigate the recent fall in unemployment, and the rise in part-time work and labour market … participation amongst prime-aged Germans. We show that unemployment fell because the Hartz reforms induced a large fraction of the … probabilities show that observed changes in the stocks of registered and unregistered unemployment as well as marginal, contributed …

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

immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining … immigration enforcement mutes job creation and raises the unemployment rate of all workers, having an even larger detrimental …