consistent with a standard non-stationary partial equilibrium search model. The program is self-financing even under conservative …

Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric …-in-differences event study research design that exploits cross-state variation in licensing laws to compare the unemployment rate between …, we find that licensing shields workers from a recession-induced increase in the unemployment rate of 0.82 p.p. during …

How has the internet affected search and hiring, and what are the implications for aggregate unemployment? Answering … these questions empirically has proven difficult due to selection in internet use and difficulty in measuring the search … seekers, and vacancies. Our empirical analysis shows that the internet expansion led more firms to recruit online and caused 9 …

workers are unemployed. Both the reemployment hazard rate and reemployment earnings steadily fall with unemployment duration … results imply that skill depreciation in general human capital is unlikely to be a major explanation for duration dependence …

employment is the efficient unemployment rate, u*. We define u* as the unemployment rate that minimizes the nonproductive use of … vacancies, u + v. Through the Beveridge curve, the number of vacancies is inversely related to the number of jobseekers. With … such symmetry, the labor market is efficient when there are as many jobseekers as vacancies (u = v), too tight when there …

rents from holding a full-time $15 per hour job relative to unemployment are worth about $20,000, more than seven times …

There are 420 million young people in Africa today. Understanding how youth search for jobs and what affects their … years in Uganda's main cities. We examine how two standard labor market interventions impact their search for good jobs … offered vocational training become even more optimistic, search more intensively and direct their search towards high quality …

We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … Phillips-curve framework of low---often extremely low---response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …

This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … difficult-to-explain trends in the unemployment rate of older German workers …