Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in …

economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the …-employment, labor participation, and unemployment. As a result, the tax generates output and welfare losses. Green technology adoption …

skills during the experience of unemployment. Within a search and matching model, we show that all natives and immigrants are …

skills during an unemployment experience. Within a search and matching framework, we show that both natives and immigrants …

We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with …

training induce higher wages within jobs, and with future employers, even conditional on the future employer type. Because …

search model with an endogenous number of contacts. Workers contact firms by applying to vacancies, whereas firms contact …