density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

unemployment and its duration distribution. Using the SIPP, we document the relation between workers’ (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …

unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …

broadness for mismatch of the unemployed and vacancies across occupations and industries. I empirically find that workers in … significantly contribute to the rise in unemployment during the Great Recession. I build a general equilibrium model that uses … significantly contribute to aggregate unemployment fluctuations. …

In recessions, unemployment increases despite the—perhaps counterintuitive—fact that the number of unemployed workers … finding jobs expands. On net, unemployment rises only because even more workers lose their jobs. We propose a theory of … unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In recessions, the …