us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment gap in the … responsiveness of the unemployment gap to the output gap in Andalusia is related to two main factors: the flows out of the labour … force in recession are larger in Andalusia, and the higher share of the agrarian unemployment. …

leading indicator, while unemployment is a lagging indicator of the crisis. Further research will include both an enlarged …

In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …

This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The … theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of … government spending on public-sector jobs reduces unemployment, especially during recessions: the fiscal multiplier …

average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment. …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

I develop a New Keynesian model in which a type of government multiplier doubles when unemployment rises from 5 percent … unemployment is high, the increase in tightness and resulting crowding-out are small. …

same which knows more the precarious employment, the underemployment and the recurrent unemployment. Moreover, one observes …

doubles when unemployment rises from 5% to 8%. Theoretically, such countercyclicality arises because of a nonlinearity, namely … in recessions but large in expansions. Hence, government consumption reduces unemployment much more in recessions than in …