, sector division, unemployment and welfare. …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

increasing unemployment transfers is partially offset by a partner's lower unemployment and wages …

market outcomes than job switchers. Over 40% of all workers separating into unemployment regain employment at their previous … temporary layoff. Recalls are associated with much shorter unemployment duration and better wage changes. Negative duration … dependence of unemployment nearly disappears once recalls are excluded. We also find that the probability of finding a new job is …

links both the cyclical fluctuations and the mean level of unemployment to the aggregate business cycle risk. The key result … of the paper is that business cycles are costly for all consumers, regardless of their wealth, yet that unemployment … fluctuations themselves are not the source of these costs. Rather fluctuations over the cycle induce higher average unemployment …

workers return to their previous employer after a jobless spell and experience very different unemployment and employment …

firms are more cyclically sensitive to unemployment. Besides, the VAR impulse response analysis suggests that workers move …

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We …, tighter credit leads to lower output, lower number of vacancies, and higher directed-search unemployment. Where workers are …