downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …

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

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

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

-old children. Using German panel data (SOEP), we show that unemployment of fathers and mothers is negatively associated with their …This paper examines possible spillover effects of parental unemployment on the subjective wellbeing of 12- to 21-year … children's life satisfaction. When controlling for time-invariant individual heterogeneity, our results suggest that maternal …

This paper studies the association between the unemployment experience of fathers and their sons. Based on German … survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation … and the Gottschalk (1996) method we investigate to what extent fathers' unemployment is causal for offsprings' employment …

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 …