We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of … private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output …

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia …

employs the same or another worker, the vacancy rate increases and the unemployment rate declines. However, the scheme …

Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility of unemployment, but the aggregate … income, and unemployment. As such, our work contributes to resolving two limitations of current general equilibrium labor …-search theory: under standard calibrations models without OTJ search generate implausibly low unemployment volatility, while models …

increase in advance notice increases job to job movements, reduces unemployment flows, and has ambiguous effects on … unemployment. Results are consistent with the fact that North American and European labor markets, despite their differences in job … security provisions, experience similar turnover rates and dissimilar unemployment flows …

of the unemployment-vacancies relationship (the Beveridge curve). We show that the direction of the shift depends on the … unemployment effects. We find evidence that the rise in on-the-job search in the 1980s has shifted the Beveridge Curve outwards …

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 …

detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …