unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …

between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … rate from unemployment to employment …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions …

How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I … decline in credit supply to households reduced home purchase and mortgage refinance credit by 7 and 20 percent, and employment … by 3 percent. In partial equilibrium, the household credit channel implies employment losses equal to at least 20 percent …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drives the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …

performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …