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 …

The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …

proxy for individual unemployment status using regional unemployment rates, we find that individual unemployment is the … strongest predictor of default. We find that individual unemployment increases the probability of default by 5 - 13 percentage …

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 …

This paper investigates the change in wages associated with a spell of unemployment. The novelty lies in using monthly … unemployment spell differently across different downturns. The degree of wage rigidity varies across recessions; wage changes … preand post-unemployment are sometimes procyclical and sometimes countercyclical. These results may be useful for …

emerging economies. No link between digital adoption and the unemployment rate is found, however. To explain this evidence, we …