unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor … estimation, show economically significant effects of shocks to the number of vacancies on employment dynamics, while shocks to …

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 …

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … firms?incentives to post new jobs. Labor market tightness as measured by the vacancy-unemployment ratio is as volatile as in …

employment is a type of wage subsidy paid to unemployed workers and they do not lose their unemployment benefits if the wage is … more likely to select into such jobs. The unemployed who start to work in marginal employment during their unemployment …, more unemployment, lower wages, lessens over time but is still present after three years. …

combination of observed factors. Furthermore, if the unemployment rate rebounded to its level in 2000, the LFPR would still be 1 …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth," describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff. …

. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a …

, our estimation for Mexico and Canada suggests more severe informational frictions in emerging markets than in developed …