The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …

The struggle to reduce cyclical unemployment by Sub-Saharan African countries is as a result of their inability to … examine the dynamic relationship between external debt and unemployment in Sub-Saharan Africa using data from 25 countries …. This study demonstrates a direct relationship between foreign debt and unemployment, which is attributed to the erroneous …

It is commonplace in the debate on Germany's labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …

the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …

role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …

Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …

(such as temporary contracts and mini-jobs) as well as unemployment. This combined unstable state captures a fuller picture … of the individual experience of volatile income and uncertain employment status than unemployment alone. We find that the … survival rates of unstable spells in the two countries are much more similar than those from unemployment. This suggests that …

This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …