and seasonal effects. The model is estimated with aggregate unemployment duration data, in which we allow for unobserved …This paper examines the relation between individual unemployment durations and incidence on the one hand, and the time … of the inflow into unemployment to depend on calendar time. In both cases we distinguish between business cycle effects …

In this paper we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We … construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987-1994. Estimated … discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment …

In this paper, I show that the decline in household consumption during unemployment spells depends on both liquid and … illiquid asset positions. I also provide evidence that unemployment spells predict the withdrawal of illiquid assets …, particularly when households have few liquid assets. Motivated by these findings, I embed endogenous unemployment risk in a two …

This paper assesses the impact the Great Recession had on individuals' transitions to and from unemployment in Ireland …. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to … unemployment increased. The results indicate that young people are much less likely to exit unemployment but, at the same time …

. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …

labor market policy ; business cycle ; unemployment …

the duration of the pandemic seem to play a key role in explaining job search effort for the unemployed in 2020 …

in recessions of different duration. We find that, after a temporary sector-specific shock, unemployment insurance …Unemployment insurance and wage subsidies are key tools to support labor markets in recessions. We develop a multi …, including a lower job-finding rate in the latter. We use the model to evaluate unemployment insurance and wage subsidy policies …

This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual … unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to … post more vacancies and to devote more resources to recruiting. This unemployment-vacancy tradeoff, governed by the …

(which increases the duration of unemployment and reduces the flow into unemployment) and the generosity of the welfare state … properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is …