assess the importance of each worker flow to account for participation and unemployment rates over the life-cycle. We find that … substantially account for low participation and unemployment among old workers. Our results show that labor search models that do …We estimate life-cycle transition probabilities between employment, unemployment and inactivity for U.S. workers. We …

To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …

This paper investigates the age-dependency of participation andunemployment by integrating job search with … pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …

The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …

-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …