How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I … decline in credit supply to households reduced home purchase and mortgage refinance credit by 7 and 20 percent, and employment … by 3 percent. In partial equilibrium, the household credit channel implies employment losses equal to at least 20 percent …

The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …

others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using …

others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using …

This study evaluates the impact of agricultural subsidies (CAP) on unemployment and employment outside the agricultural …