Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …, consequently, of output, and slow-down worker reallocation away from the sectors badly hit by the recession …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild … recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …

For every payment, there is an equal and opposite tax. In the study of unemployment insurance, economists have … unexamined the influence on labor demand of the unique tax that finances it. Experience rating in unemployment insurance presents …

In this study I examine the impact of fluctuations in the unemployment rate before high school graduation on … studies, but also find that the impact of the unemployment rate varies across the ability distribution. Using data from the … and not pursuing additional education. Exposure to a higher unemployment rate at age 17 is associated with higher …

using the micro-data, this paper shows that this state of non-searching unemployment or discouragement has increased more … recession are statistically different than those who continue searching. At the same time, searching is a transitory state for … some of the jobless with considerable movements between the two categories of unemployment. These findings from the first …