The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting how long …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …

unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …

participation in unemployment spells - to assess the nature of labour market policy effectiveness. The experiment was conducted in … increases in the exit rate from unemployment ranging from 20 to 40%. When introducing time-varying indicators for the various … rate from unemployment, neither during the week in which the activity takes place, nor after the activity is completed …

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

her first six months in unemployment – enters the employment office for the first time, this model predicts whether he or …

unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs. …