This paper develops a four-sector equilibrium search and matching model with informal sector employment opportunities … incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …

Background: Although unemployment rates are at historical lows, there is still a persistent gap between unemployment …. Conclusions: Lowering the disproportionate rate at which black men are incarcerated will not in itself eliminate the unemployment …

, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment …While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …

We analyze the impact of misperceptions of the unemployment rate on individual wages, using the European Social Survey … for worker's ability, the regional unemployment rate, and country fixed effects. We estimate interval regression models …. When subjective perceptions overstate the country unemployment rate, a one percentage point gap between the perceived and …

We present a generalization of the standard random-search model of unemployment in which firms hire multiple workers … investigation of the out-of-steady state dynamics of our model. We find that the responses of unemployment and of the vacancy to … unemployment ratio to a shock to labor productivity can be somewhat more persistent than in the Mortensen-Pissarides benchmark …

The Shapiro-Stiglitz model plays an important role in the employment theory. Woodford pointed out the theoretic … the unemployment rate when such rate was in fact trendless. He proposed to resolve this by allowing diminishing marginal … various factors affecting the secular unemployment rate. In particular, we can specify the condition under which the …