increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer … also reduce unemployment …

This paper examines the behavior of real GDP (levels and growth rates), unemployment, inflation, bank credit, and real … America and 1990s Japan are not ubiquitous, GDP growth and housing prices are significantly lower and unemployment higher in …

poor labor market to a better labor market. We find that modifications raise the unemployment rate by about 0.5 percentage … individuals losing skills as unemployment duration is longer …

which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the …

institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …

unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new …/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share …

Empirical models of mortgage default typically find that the influence of unemployment is negligible compared to other … assigns a critical role to unemployment status in the decision to stop payment on a mortgage. We help reconcile this … divergence by employing a novel empirical strategy involving simulated unemployment histories to measure the severity of …