congestion effect. I use monthly panel data for all local labor markets in Sweden from 1992-2011. The results suggest that … unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …

views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects …

ad views on Sweden's largest online job board. First, new vacancy postings drop by 40%, similar to the US. Second, job …

persisting increases in unemployment. This paper analyses the impacts of the crisis on euro area labour markets, paying … accelerate the adjustment capacity of euro area labour markets and help reduce the current high levels of structural unemployment. …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

monthly transitions among employment, unemployment, and nonparticipation. Immigrants are found to be first fired and first … hired over the business cycle, and the aggregate unemployment gap is caused by immigrants' higher rates in the unemployment …