Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

market patterns. Poor match quality among first jobs implies large fluctuations in unemployment due to a responsive job …-the-job search, generates a negative comovement between unemployment and vacancies. A significant job ladder, consistent with the … empirical wage dispersion, provides ample scope for the propagation of vacancies and unemployment …

), we establish that the unemployment rate, the job separation rate, and the job finding rate exhibit a larger response to … of the state dependence in the unemployment rate, 76 percent for the separation rate and 36 percent for the job finding …

global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …

facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low … at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …

In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …

illustrate the potential of such methodology using Italian labour market data. First, we decompose the unemployment rate …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …