Our paper revisits Okun's relationship between observed unemployment rates and output gaps. We include in the … unemployment rate) over time. The Okun coefficient is not only different for young, prime-age and older workers, it decreases with … reducing the overall unemployment rate, it will also have the distributional effect of lowering youth unemployment. …

Swiss policy makers created a unique link between unemployment benefits and Active Labor Market Programs (ALMPs) by … making benefit payments conditional on program attendance after 7 months of unemployment duration. We evaluate the effect of … Active Labor Market Programs and benefit entitlement on the duration of unemployment in Switzerland. In the evaluation we …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the …

peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the …

peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the …

Productivity rises in booms and falls in recessions. There are four main explanations for this procyclical productivity …