In this paper we evaluate whether the accuracy of Finnish unemployment rate forecasts can be improved by utilising the … information in the flows into and out of unemployment. We compare and contrast different methodologies for constructing the flows …

This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across … workers as well as direct effects of unemployment duration on unemployment-exit probabilities. Unlike any previous paper in … shocks to the short-run, medium-run, and long-run variance of unemployment as well as to specific historical episodes. We …

employment, unemployment, and entrepreneurship, we show that search frictions over all three occupations and a technology letting … and behaviors along the wealth and ability dimensions. The responsiveness of our model flows to variations in unemployment … responsiveness. In turn, beyond the direct effects on unemployment, large reallocations between entrepreneurship and employment …