The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …

medium-term business cyclefluctuations in GDP, its components and the unemployment rate. Additionally, it …

unemployment on inflation,for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then …

Inflation and unemployment rate were largely disconnected between 2000 and 2019 in advanced economies. We decompose …) both the cyclical and non-cyclical parts had surges across advaced economies in 2011, when unemployment rates had limited … inflation and unemployment rate. The approach has potential to help understand forces shaping price pressures during the …

of adjustment during economic downturns mitigating unemployment, the trade-off has been a lower speed of adjustment to …

unemployment. As such, our work contributes to resolving twolimitations of current general equilibrium labor-search theory: under … standard calibrations modelswithout OTJ search generate implausibly low unemployment volatility, while models with OTJsearch … generate unemployment volatility closer to the data but at the expense of implausibly lowconsumption and labor …