a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement …

its successor Understanding Society. We find that the unemployment rate on leaving full-time education has large impacts …

common types of displacement: individual layoffs, individuals displaced due to a closure and individuals displaced due to a …

Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …

unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …

Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they … understanding unemployment fluctuations. We show how the LS framework can be adapted to incorporate risk premia. We derive an … show how to use properties of the artificial economy to deduce how risk premia affect unemployment dynamics in the original …

individuals and jobs. We find that displacement increases the migration probability by ~80 percent. Displaced workers mostly make …

search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …