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

Health and Retirement Study. Previous studies find a strong negative correlation between unemployment and health. To control …

EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity and …

employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …

show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …

In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from … unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the … evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …

In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European … significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by …

– workers that actually were displaced faced a slow process of transiting out of unemployment with only one-third finding …