Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually …

Cross-country employment differences are concentrated among women, the youth, and older individuals. In this paper, we … document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … aggregate employment differences across a large panel of European countries. We then build a life-cycle Diamond …

employment experience of older male workers during the past half-century. We build an equilibrium life-cycle model with labor … institutions in ways that deteriorate employment. The model explains simultaneously: (i) the fall in labor force participation in …, especially in turbulent economic times and under stringent employment protection legislation. …

We document that fluctuations in part-time employment play a major role in movements in hours per worker during … part-time employment. The evolution of part-time employment is predominantly explained by cyclical changes in transitions … between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable …

We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …

unemployment risk alongside an additional risk of involuntary part-time employment. A calibration of the model consistent with U … unemployment. This finding relies critically on the much higher probability to return to full-time employment from part-time work …

We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …