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This paper develops a search-and-matching model that incorporates temporary unemployment and applies the model to study the labor market dynamics of the COVID-19 recession in the US. We calibrate the model using panel data from the Current Population Survey for 2001-2019, and we find that the...
Persistent link: https://www.econbiz.de/10013232744
This paper develops a search-and-matching model that incorporates temporary unemployment and applies the model to study the labor market dynamics of the COVID-19 recession in the US. We calibrate the model using panel data from the Current Population Survey for 2001-2019, and we find that the...
Persistent link: https://www.econbiz.de/10012482144
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is not accounted for by changes in the observable...
Persistent link: https://www.econbiz.de/10012908170
We explore the extent to which composition, duration dependence, and labor force non-participation can account for the sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional shifts in demographics, occupation, industry,...
Persistent link: https://www.econbiz.de/10013051310
Persistent link: https://www.econbiz.de/10010389597
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is not accounted for by changes in the observable...
Persistent link: https://www.econbiz.de/10012480887
Persistent link: https://www.econbiz.de/10011645241
Persistent link: https://www.econbiz.de/10011689350
Persistent link: https://www.econbiz.de/10012180385
Persistent link: https://www.econbiz.de/10012146965