Okun's law is formulated as the ratio between GDP and unemployment (UE): β = f(GDP/UE). It is used to investigate the … replaced the United States UE with employment (EM) for the years 1977 to 2021 and examined how employment changed relative to … "jobless recovery" is that employment should not increase more rapidly than the real economy. …

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …

implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …