structural factors. This involves estimating the NAIRU. Information can also be gleaned from the composition of unemployment, as …The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally …. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy …

Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a … natural rate of unemployment relative to the NAIRU. The natural rate of unemployment in the USA since the Second World War is …

poor re-employment outcomes …

poor re-employment outcomes …

Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …

We set up a search and matching model with a private and a public sector to understand the effects of employment and … wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of … small positive impact on educational composition and larger negative impact on the private employment of skilled workers, if …

NLSY79 we document that the relationship between wages and unemployment rate differs across occupations. The results hold … discrepancies and offer new evidence suggesting that the sensitivity of wages to current unemployment is linked to the prevalence of …

We investigate transitions between unemployment, low-paid employment and higher-paid employment using household panel … unemployment and low-paid employment on future employment prospects. We find that there is state dependence in both unemployment … less severe penalties from unemployment or low-paid employment, and, for women, the cycle between low pay and no pay varies …

We study the entry into legitimate employment and earnings of a large sample of convicts released from Hungarian … prisons in 2002-08. The employment rate of the prisoners falls short of 20% one year before incarceration, and they earn 25 … employment, which turns positive after a year, though the impact on earnings is permanently negative. A comparison with …

Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a … negative impact of high unemployment periods on labor market outcomes of disadvantaged groups, making extension of high …