credit ; employment subsidy ; unemployment insurance … of 2009, including the unemployment, inflow, and outflow rates by workers of different educational attainment. We … consider the equilibrium effects of a hiring subsidy, a payroll tax reduction, and an employment subsidy. While calibrating …

of 2009, including the unemployment, inflow, and outflow rates by workers of different educational attainment. We … consider the equilibrium effects of a hiring subsidy, a payroll tax reduction, and an employment subsidy. While calibrating …) Act of 2010. We find that a hiring subsidy and a payroll tax deduction, as in the HIRE Act, can stimulate job creation in …

This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild … recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …

The US economy has endured an exceptionally severe recession caused by the measures put in place to contain the spread … of COVID-19. This occasional paper assesses the impact of this crisis on key labour market variables, such as (un-)employment …

Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …, consequently, of output, and slow-down worker reallocation away from the sectors badly hit by the recession …