collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences … ; unemployment ; macroeconomic policy ; labour market policy …

In terms of output decline and increase in unemployment, the economic recession in Latvia that started during the 2008 …-09 financial crisis was one of the most severe in the world. Using both decomposition of the unemployment rate into structural and … cyclical components and Mortensen and Pissarides' search and matching approach, we demonstrate that the changes in unemployment …

Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …

Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …

This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It … unemployment increases with the unemployment rate, there is persistence in long term unemployment, and that the employment … significant financial crisis and a collapse of the housing market bubble have had large increases in unemployment and long term …

unemployment risk. We present measures of the size of these shocks and discuss what a benchmark theory says about their immediate … wealth shocks and unemployment fears. Our short-term forecast calls for somewhat weaker spending, and somewhat higher saving …