) reaction to rising and falling unemployment. In contrast, wage growth in establishments without collective bargaining adjusts … only to falling unemployment and is unaffected by rising unemployment. -- wage cyclicality ; wage bargaining ; works …

unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …

performance, like unemployment or wage rates, show little departure from recent norms over the first few months of the crisis. The …

role in the volatility of labour markets among both the UK-born and, especially, immigrants. …

Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …