We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access …

by comparing their individual characteristics and past (un)employment and job histories. Since the BHPS does not directly …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

This paper identifies a data-consistent, equilibrium model of unemployment, wage dispersion, quit turnover and firm … firm growth rates depend on firm productivity but not on firm size. Aggregate unemployment evolves endogenously …

As unemployment rises across the European Union (EU) it is important to understand the extent to which the incomes of … protection offered by the tax-benefit systems, according to whether unemployment benefit is payable, the household situation of …