model of unemployment, which is exposed to the asymmetric expellee inflow, closely fits historical data on the regional … unemployment differential and the regional migration rate. Both variables increase dramatically after the inflow and decline only …

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …

changes is, nonetheless, strongly debated. We contribute to this discussion by analyzing the effect of unemployment on LOC … unemployment. Overall, we find a significant shift in stated LOC due to unemployment. Because the effect is observable during … unemployment only and not heterogeneous with respect to individual characteristics or unemployment duration, we conclude that only …

labor market prospects in the East and migrants show a greater openness to mobility. …

I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian … percentage of family firms in the labor force. I find that fiscal austerity raises unemployment. Both at peak and cumulatively …, unemployment reacts least when the budget is consolidated by increasing the rate of value-added tax. At peak, the highest increase …