This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to … associated with unemployment shocks. A highly-dimensional VAR analysis of the half-lives associated with shocks to unemployment …

This paper provides revealed-preference estimates of the monetary value of avoiding job search in a high-unemployment … home-state unemployment rate. Comparing these estimates to realized losses in post-service civilian earnings resulting from … exiting the military during times of high unemployment suggests that mitigating factors (e.g., leisure, private and public …

This study examines the relationship between unemployment and labor force participation to judge the presence of the … discouraged worker/added worker/unemployment invariance effect in the US labor market, spanning the period 1976-2014. Panel unit … unemployment and labor force participation rates, while the impact of unemployment on labor force participation is negative …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting how long …

-ended work ; employment continuity ; unemployment ; inactivity …

unemployed do not directly compete with employed job seekers. -- on-the-job search ; unemployment ; job competition ; employment …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal and quantitative …