This paper investigates the precision of conventional and unconventional estimates of the natural rate of unemployment … series for unemployment and inflation, including additional supply shift variables in the Phillips curve, using monthly or …

This paper investigates the precision of conventional and unconventional estimates of the natural rate of unemployment … series for unemployment and inflation, including additional supply shift variables in the Phillips curve, using monthly or …

finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … level of social benefits has a strong impact on the length of long term unemployment for low earners and fertility is … related with longer unemployment periods of females. …

The paper proposes two estimation approaches for duration models that are subject to right censored observations and … found to perform well. Empirical results are presented for total time outside the unemployment state for participants in the … significantly longer times outside the unemployment state. There are strong indications of selection effects. …