One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment … of Unemployment,quot; i.e., the extent to which increased unemployment during a recession arises from an increase in the … number of unemployment spells versus an increase in their duration. After broadly reviewing the previous literature, we …

Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …

This paper starts from two sets of facts about Continental Europe.The first is the steady increase in unemployment … larger increase since the mid-1980s. The paper then develops a model of capital accumulation, unemployment and factor prices …. Using this model to look at the data, it reaches two main conclusions: The initial increase in unemployment, from the mid …

unemployment. The sample of approximately 15,000 observations is drawn from the 1988 Alcohol Survey of the National Health …

We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …

pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the … due to “loss-of-recall”, whereby workers in temporary-layoff unemployment lose their job permanently and do so at higher … both temporary-layoff and jobless unemployment. The model captures well pre-pandemic unemployment dynamics and shows how …

The recent European experience of high persistent unemployment has led to the development of theories of unemployment … hysteresis embodying the idea that the equilibrium unemployment rate depends on the history of the actual unemployment rate. This …

The gender unemployment gap, the difference between female and male unemployment rates, was positive until the early … 1980s. This gap disappeared after 1983, except during recessions, when men's unemployment rate has always exceeded women … for most of the closing of the gender unemployment gap. Evidence from nineteen OECD countries is consistent with this …