participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …

-employment. -- Self-employment ; state dependence ; labor market dynamics ; unemployment …

. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a … be seen how future governments react to worsened economic conditions in light of these experiences. -- Unemployment …

economic growth in the future. -- unemployment ; labor force participation ; labor supply ; benefit systems ; public policy …