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

. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different …In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …

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

We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …

vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility. -- labor hoarding ; labor market frictions ; wage rigidities ; effort choice …

business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … positively with business cycle volatility, hinting at a destabilizing effect of public wages. To explain these relationships, we …

distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …