States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and …

The Great Depression of the 1930s led contemporaries to worry that people hit by hard times would turn to crime in … on crime rates. The analysis suggests that a ten percent increase in relief spending during the 1930s lowered property … crime by roughly 1.5 percent. By limiting the amount of free time for relief recipients, work relief was more effective than …

the unemployment rate and the real minimum wage; sticks are measured by felony arrests, police force and New York City …. While both economic and deterrence variables are important in explaining the decline in crime, the contribution of …

's criminal justice system, offering new insights into how incarceration affects subsequent crime and employment. We construct a …. Exploring factors that may explain the preventive effect of incarceration, we find the decline in crime is driven by individuals …

sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional … shifts in demographics, occupation, industry, region, and the reason for unemployment jointly account for very little of the … model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …

We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and … estimate the size of the COVID-19-related unemployment shock to be between 2 and 5 times larger than the typical unemployment …

This paper studies the connection between the stock market and the unemployment rate. I establish three facts. First …, the log of the real value of the S&P 500 and the log of a logistic transformation of the unemployment rate are non …-stationary cointegrated series. Second, the stock market Granger causes the unemployment rate. Third, the connection between changes in the …

This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …

This study examines the determinants of the reservation wage of unemployed persons in the Federal Republic of Germany … ambiguity of some explanatory variables. The data basis are unemployed persons leaving the unemployment register within a given … unemployment compensation play minor roles …

The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then …-message-based survey of unemployed workers in Germany. We surveyed 6,349 UI recipients twice a week for 4 months about their job search … effort. The panel structure allows us to observe how search effort evolves within individuals over the unemployment spell. We …