labor force reallocation. We show that worker flows between jobs in different industries are rare relative to the …. In fact, evidence suggest that changes in the demand for labor were accommodated mostly through demographic flows, with a …

employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job … contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job …

economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …

We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition … regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market … (iii) they bring a new amplification mechanism for the volatility and should thus be seen as complementary of labor …

inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates …

employment level. Immigrants, being new to the labor market, may be less aware of employment protection regulations and less …

causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a … estimate worker transitions between labor market states. Labor market adjustment takes place predominantly at the extensive … margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …

temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis …