suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …

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 …

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in … unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for … (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor …

, but its youth unemployment is one of the highest in the world. To help understand this duality, we employ synthetic panels …-to-adult unemployment gap. We find that a large part of the Uruguayan gap cannot be explained by standard variables, which opens the … possibility that other uncontrolled factors, including labor market institutions, might be at play …