steady-state unemployment dynamics. The reconsideration of German worker flows reveals that both the job finding rate and the … separation rate play an important role for German unemployment dynamics, but the job finding rate dominates in the long run. …, 2012) weist die Verzerrung in der Übergangsrate in Arbeitslosigkeit keine konjunkturelle Abhängigkeit auf, während sich die …

(1983-2009). We show that, until the early 2000s, close to 60% of changes in the unemployment rate are due to changes in the …% - corroborate this finding. -- SOEP gross worker flows ; Hartz reforms ; matching efficiency ; unemployment fluctuations …

Unemployment in the U.S. has risen dramatically since the start of the recession in December 2007, going from about 6 … Statistics. The methodology is to analyze the transition rates and implied steady-state levels of employment and unemployment … flow from unemployment to employment actually increased. As another example, changes in the probability of moving between …

unemployment rates, is a good start to understanding the unemployment crisis in the Great Depression. Drawing from rarely used data … sources, this paper compiles historical monthly time series of U.S. unemployment rates, vacancy rates, and labor productivity …, some of which date back to 1890. The frequency, persistence, and severity of the unemployment crises in the model are …

bargaining cannot generate the observed volatility in unemployment and vacancy in response to reasonable labor productivity … unemployment and vacancy without resorting to an alternative wage setting mechanism. The monetary authority follows an interest …

implications for the unemployment dynamics. I propose a simple specification of bargaining friction by including bargaining wedges …, inefficient separations could be generated which would in turn induce inefficient unemployment. The existence of inefficient … unemployment due to bargaining friction could potentially explain the excessive fluctuation of unemployment observed in the data …

: the large differences in unemployment risk across worker age-groups over the business cycle. Our search model features a … large real effects through firms' labor policies. Our model predicts higher unemployment risk of younger workers relative to …