This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and … the equilibrating mechanisms to ensure unemployment invariance; in particular, other markets may perform part of the …

unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …

shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …

increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …

interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We … well as decreased banking concentration reduce unemployment ifthe level of labour market regulation, union density and …

estimate the effects of the program. The results suggest that the program increased transitions from unemployment to work …

) programs. We apply this to contrast regime and treatment effects on unemployment durations, employment, and postunemployment … intensive carrots and sticks regimes each reduce unemployment durations, but with carrots regimes this raises earnings whereas …