In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

Health and Retirement Study. Previous studies find a strong negative correlation between unemployment and health. To control …

EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity and …

employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …

considered to be exogenous to the individual, and lay-offs, where the causal direction of health and unemployment is ambiguous …

show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …

show that roughly 50% of the observed raw differential in individual dismissal rates can be explained by the estimated …

firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …