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

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …

. Unemployed workers' skill losses generate multiple steady-state unemployment rates. When monetary policy is constrained by the … permanent unemployment trap. Since monetary policy is powerless to escape such traps ex post, it must avoid them ex ante. The …

This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that … skilled workers increases the natural rate of unemployment and reduces total factor productivity with long- run effects on the … Beveridge curves. Skill-specific labour market heterogeneity leads to a attening of the Phillips curve as wages and unemployment …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having … recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …

, unemployment rate and market tightness as well as on the overall economic growth. We aim at determining whether a portion of … unemployment can be explained by either the increased public hiring or shrinking of the number of public employees in the last … decade. As the results suggest, in recessionary times the expansion of the public sector managed to keep the unemployment …

the Great Recession. Because the cut applied only to new benefit claims, claimants whose unemployment start dates differed …-in-Difference analyses. While we find no impact on unemployment duration for those aged 20–21, the benefit cut significantly reduced duration …

Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation and employment and a rise in unemployment …