the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …

choice to disentangle the respective contributions of task-biased technological change (TBTC), labor market institutions (LMI …

In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a … on unemployment: positive shocks reduce unemployment less than negative shocks increase it. For the observed process of … average job finding rate and so the business cycle cost. -- Business cycle costs ; unemployment dynamics …

This paper seeks to gain insights on the relationship between growth and unemployment, when considering heterogeneous … simulations of the model. -- TFP growth ; unemployment by age ; old workers' employment rate ; capitalization ; creative …

has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …

their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …

has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …