unemployment, these lost work opportunities were costly to existing residents …

We use a resume audit study to better understand the role of employment and unemployment histories in affecting … disparate findings in prior studies. While we cannot reconcile earlier findings on the effect of unemployment duration, the … age range, we find that applicants with 52 weeks of unemployment have a lower callback rate than do applicants with …

This paper studies how the thick market effect influences local unemployment rate fluctuations. The paper presents a … fluctuations in the local unemployment rates. Since larger cities attain the critical market size more frequently, they have … shorter unemployment cycles, lower peak unemployment rates, and lower mean unemployment rates. Our empirical tests are …

rates of unemployment. We examine the dynamic relationships between relief spending and local private labor markets using a …

The recession of 2007-09 witnessed high rates of unemployment that have been slow to recede. This has led many to … unemployment that prevailed in the recent past. Is this true? The question is important because central banks may be able to reduce … unemployment that is cyclic in nature, but not that which is structural. An analysis of labor market data suggests that there are …

In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an … individual exit from unemployment, and we compare the estimated impact with that for the prior extension of benefits during the … unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …