We estimate the relationship between investment and unemployment over the time period 1960-2015 in 20 OECD countries …. While neoclassical growth theory typically assumes full employment – with no effect of investment on unemployment – we find …: when investment fell, unemployment increased. When the time period is broken down into two sub-periods to take account of …

stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …

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 …

-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …

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 …

cyclicality of task changes among employer-to-employer movers contrasts sharply with that of hires from unemployment. We link our …-to-employer transitions and a sullying effect tied to employer changes through unemployment. …