unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …

unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …

explain the ambiguity regarding the effects of immigration. A more generous unemployment insurance system for immigrants … increases both the unemployment rate and crime rates. An extended duration of incarceration and a deportation policy reduce …

This paper argues that the canonical search-and-matching model cannot generate the observed cyclical asymmetry of the … unemployment rate. In the United States, the unemployment rate raises quickly and abruptly at the onset of contractions and … declines slowly and gradually during expansions. This pattern produces positive skewness in the distribution of unemployment …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when … unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low …

In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A …