In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … participation) and intensive margin (i.e., variable intensity) of search effort. The model attributes a major role to the production …

We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In … the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment … rates. We attribute a substantial fraction of the rise in unemployment to a dramatic increase in inflow rates compared to …

of the unemployment rate and of worker transitions. …

To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …

The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …

worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 ….14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

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

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …