We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

vacancy subsidy, a layoff tax and unemployment benefits. We derive analytical expressions for the optimal setting of each of … replacement rate of unemployment insurance should all rise in recessions. We find this confirmed in a calibration targeted to the …

curve, which draws the classical inverse relation between the job vacancy rate and the unemployment rate, before, during …

curve, which draws the classical inverse relation between the job vacancy rate and the unemployment rate, before, during …

The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …

. Finally, while effects of growth and unemployment rates are the same across demographic subsets, the effect of inflation is … dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western …

abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …

high unemployment and short hours of work. While his matching model has been used to explain higher unemployment in Europe …