In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … participation) and intensive margin (i.e., variable intensity) of search effort. The model attributes a major role to the production …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …

, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …

and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be …Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements …