views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects …

joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …