The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the …High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …

headache on labor force participation, hours worked, and wages. We find that migraine headache is associated with a decrease in … wages. However, there is little evidence that migraine headache leads to reductions in labor force participation or hours … worked. We conclude that estimates of the cost of migraine headache to society should include its impact on wages. …

, employment fell and unemployment rose for newly legalized men relative to the comparison group of already legal U.S. residents …. For women, employment also fell and transitions out of the workforce increased among the newly legalized population …. Increasing returns to skill, as captured by English proficiency, only played an important role in explaining the employment of …

that the two dimensions of the extensive margin, the employment rate and the participation rate, explain the most of the …

. Concomitantly, employment falls between 1½ and 5% depending on hurricane strength. On the other hand, the effects of hurricanes on … better examine the specific shocks, we also observe sectoral employment shifts. Finally, we conduct a time-series analysis … and find that over time, there is somewhat of a cobweb with earnings and employment rising and falling each quarter over a …