increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …

unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non …

sectoral employment, unemployment and wage inequality. OJS generates wage dispersion and it leads to a reallocation of workers … increase of unemployment. The dynamics of labor market variables is obtained in closed form. The model predicts overshooting at …

In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …