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 …

covering the period from 1991 to 2010. We find a negative effect of the unemployment rate on the divorce rate, pointing to a … characteristics that can vary by country, and/or over time. Results indicate that a one-percentage-point increase in the unemployment … possible non-parametric pattern, confirms a clearly negative relationship between unemployment and divorce in European …

negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …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 …

such as endogenous business cycles, nominal GDP growth, unemployment rate fluctuations, the Phillips curve, leverage cycles … system may remain trapped in a large unemployment status, without the possibility to quickly recover unless an exogenous …

unemployment rate, and the spikes in the unemployment rate followed with lags of 2-3 years. On the world scale, over the last 44 … years (for which the data is available), all 4 maximums of the solar activity overlapped with minimums of the unemployment …

This paper analyzes the cyclical behavior of production and unemployment at regional level, using Chilean quarterly … performance of regional unemployment using auto regressive components (in the form of polynomial distributed lags), and related … unemployment cyclical behavior for quarters 2006:Q1 and 2006:Q4. The results suggests a notorious unemployment reduction in regions …

This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent … by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment. …

For U.S. recessions since 1948, we study paneled time series of (i) ExUR, the excess of the unemployment rate over the … maximum effect of NGAP on unemployment occurs with a lag of 2 to 3 quarters. …

fragility increases causing a weaker economic environment (e.g., higher mean unemployment rate), a more volatile business cycle …