In recessions, unemployment increases despite the—perhaps counterintuitive—fact that the number of unemployed workers … unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In recessions, the … losses from job displacement and from graduating during recessions, and the insensitivity of unemployment to labor market …

This paper studies the predictive power for recessions of the slope of the Swiss term structure using monthly data for … 1974-2017. Dynamic probit models indicate that the term structure contains information useful for predicting recessions for … horizons up to 19 months. Whether the economy is currently in recession or not is also useful for forecasting recessions. These …

Recessions are complex events that affect personal health and behavior via various potentially opposing mechanisms …. While recessions are known to have negative effects on mental health and lead to an increase in suicides, it has been proven … that they reduce mortality rates. A general health policy agenda in relation to recessions remains ambiguous due to the …

This paper studies how government transfers respond to changes in local economic activity that emerge during recessions …. Local labor markets that experience greater employment losses during recessions face persistent relative decreases in …

study also highlights pitfalls in the timing of recessions in Malta, relating to problems in the estimation of national …

-evaluate the interpretation and empirical use of the yield spread as a predictor of recessions, focusing on the simplified …