of aggregate unemployment in postwar data. While this range may seem wide it is an indication that the importance of …

approach is employed in order to investigate the asymmetric nature of the relationship between sectoral employment and … unemployment. Significant asymmetries emerge. Lilien's dispersion index is significant only for relatively high levels of … unemployment and becomes insignificant for low levels suggesting that reallocation affects unemployment only when the latter is …

The economic crisis in the early 1990s brought about a dramatic increase in unemployment and a similar decrease in … labor force participation. Unemployment declined afterwards, but stabilized at around 6-7% - more than twice as high as … before the crisis. Today, the unemployment rate is lower than the EU average, though Sweden no longer stands out in this …

Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …Cross-country employment differences are concentrated among women, the youth, and older individuals. In this paper, we … aggregate employment differences across a large panel of European countries. We then build a life-cycle Diamond …