unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that … growth on unemployment. Our quantitative analysis shows that our model increases the magnitude of the negative impact of …

fluctuations of unemployment and job vacancies, it cannot generate the observed unemployment and vacancy fluctuations in response … larger cyclical fluctuations in unemployment and job vacancies. However, it still falls short of what observed in the …

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …

data-generating process for our empirical analysis. Using Bayesian methods, we estimate the model for data on unemployment … and vacancy postings in Japan. We find that the model is successful in matching the volatility in unemployment and … contribute to movements in unemployment and vacancies, but productivity shocks more so …