unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …. -- Asymmetric labor force participation decision ; unemployment rate ; business cycle ; gender ; education ; age …

Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …

unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …

unemployment flows to forecast the unemployment rate. We pay particular attention to flows-based approaches - the more reduced … unemployment flows are useful in forecasting the unemployment rate. We find that any approach that considers unemployment inflow …. Its usefulness is amplified at specific points in the business cycle when the unemployment rate is away from the longer …

Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they … understanding unemployment fluctuations. We show how the LS framework can be adapted to incorporate risk premia. We derive an … show how to use properties of the artificial economy to deduce how risk premia affect unemployment dynamics in the original …

through a rise in long-term unemployment and a decline in labor force participation and disproportionately affects the least …

facts observed in the data. First, the land price and the unemployment rate tend to move in opposite directions over the … business cycle. Second, a shock that moves the land price is capable of generating large volatility in unemployment. Our … estimation indicates that a 10 percent drop in the land price leads to a 0.34 percentage point increase in the unemployment rate …