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This paper presents a forecasting model of unemployment based on labor force ows data that, in real time, dramatically outperforms the Survey of Professional Forecasters, historical forecasts from the Federal Reserve Board's Greenbook, and basic time-series models. Our model's forecast has a...
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The objective of this paper is to estimate the impact of residential job accessibility on female employment probability … employment probability equation where variables controlling for personal characteristics, residential segregation and employment … results show that low job accessibility in public transport negatively affects employment probability. The intensity of this …
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In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends on a type of structural shocks. Identified using a sign...
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