an expected long period of unemployment make a job more valuable during recessions. I estimate the elasticity of the … intensity only slightly if at all during recessions. Roughly, 30 minutes in a week is the additional search intensity attributed …

. We find that young and less educated workers have always been affected more in recessions, while women and Hispanics were … teleworkable and essential jobs fell less during the Pandemic Crisis. Lastly, during both recessions, workers at low …-income earnings have suffered more than top-income earners, suggesting a significant distributional impact of the two recessions …

overall employment in previous recessions. Using a business cycle model with a rich labor market structure, we recover the …

earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital … downturn, as documented in the empirical literature. At the aggregate level, the framework delivers youth unemployment rates … that are higher and more sensitive to fluctuations in aggregate productivity than total unemployment rates. Additionally …

The non-accelerating inflation rate of unemployment (NAIRU) is not directly observable and the presence of informal … informality seems to predict inflationary pressures more accurately when the unemployment gap is close to zero. …