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. …

How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we … actively search for a job. Concerning employment, the second effect dominates so that unemployment benefits raise employment. … job market with search effort and labor force participation decisions while varying the maximum length of unemployment …

-search strategies and employment histories, and identify how any differences vary over the business cycle. We find systematic …

unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …