In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …

of the endogenous state variables unemployment change and population change and of the exogenous input variables change …

of the endogenous state variables unemployment change and population change and of the exogenous input variables change …

a higher private savings ratio during recessions: a Ricardian offset effect, the presence of credit constraints, and …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

-Mortensen-Pissarides model, followed by recalibration, does not change aggregate dynamics of unemployment and vacancies. This invariance result …