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in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
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Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …
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We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
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increase in real household consumption in the long run. Unemployment also depicted a rare positive relationship, and we …
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