explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are … adjustments. Unemployment responses vary widely across countries. Unemployment is particularly responsive to health shocks in the …

2010-2018. Using Jordà's (2005) local projection method, we find that unemployment rates decline in response to …. In the periphery countries, the reduction in unemployment rates is relatively pronounced, while in the core countries it …

labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …

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%. …