increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …

unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …

unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

Whereas the standard modern theories of unemployment were developed in the context of a single sector labour market … economies are discussed. It is shown that dual labour market theory is an important contribution to understanding unemployment …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … benefits affect individual decisions on absence and search and the implications for employment, unemployment and …

This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …

This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and … the equilibrating mechanisms to ensure unemployment invariance; in particular, other markets may perform part of the …