changing local labour market conditions. For many countries and periods, an inverse relationship between wages and unemployment … due to the use of aggregate unemployment rates and other labour market characteristics for groups. A maximum likelihood …

firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …

increase in the pace of job creation and destruction may have substantial effects on employment and unemployment;the effects … may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … takes explicitly account of the propagationof shocks through the various duration classes of unemployment andallows for …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …