Australia has experienced a varied track record on unemployment. For the third quarter of the 20th century unemployment … averaged 2.0 per cent. This is bracketed by average unemployment rates of 8.6 and 7.4 per cent in the second and fourth quarter … economy. Two simulation experiments are considered. In the first we study the effect of varying the unemployment benefit on …

policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …

unemployment rate is the behaviour of outflow to employment. Moreover, the flows that involve the state of inactivity constitute …

such as the unemployment rate and whether emerging skills shortages can be addressed. Moreover, policies that assist job …

matching model, thus providing a possible explanation for the unemployment volatility puzzle. …

differences: (1) transition rates from unemployment to employment (UE) were lower by a factor of 5 and inflow rates from … employment to unemployment (EU) were lower by a factor of 4 in Germany. (2) The volatility of the UE rate was equal but the EU … rate was 2.3 times more volatile in Germany. (3) In Germany EU flows contributed 60 − 70% to the unemployment volatility …

The benefits of dual apprenticeship programs are usually discussed in the context of reducing structural unemployment … apprenticeship system seems to dampen the volatility of youth unemployment. …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

in the vacancy-unemployment ratio without ad hoc assumptions of wage rigidity. This paper presents a mechanism of such … economy, and the vacancy-unemployment ratio experiences large cyclical fluctuations. …

This paper argues that existing matching models with unemployment as an active search and nonparticipation as an … inactive search predict counterfactual results: the unemployment rate is at most two times as volatile as the … employmentpopulation ratio; only 20 percent of the actual volatility of the unemployment rate is accounted for; and the labor market …