Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …

This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …) differences across European countries in the role played respectively by unemployment and labor force participation. The model …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …

Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary …

unemployment in the U.S. labor market. In the empirical analysis, we document that the similar cyclical behavior of involuntary … part-time work and unemployment masks major differences in the underlying dynamics. Unlike unemployment, variations in … from unemployment from a worker's perspective. We also quantify the welfare costs of cyclical fluctuations in involuntary …