This paper estimates Okun's law in the EU15 countries between 1980 and 2018. It employs three different versions of the law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and output holds for most countries and is fairly stable...

An accurate global projection algorithm is critical for quantifying the basic moments of the Diamond-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor market tightness and the magnitude of the...

We investigate the impact on perceived and actual employability when job candidates signal different personal tastes for competitions. Using three experiments, with over 2000 participants in total, we show that candidates who are not willing to compete at all risk being perceived as less...

We investigate the impact on employability when job candidates signal different personal tastes for competitions. In three experiments, with close to 3,000 participants in total, we show that non-competitive candidates risk being perceived as less productive, while those who signal a willingness...