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

China decreases unemployment rates, especially among males and high school graduates. However, the policy also decreases …

of the unemployment experience are taken into account: i) displacement risk, measured by the probability of moving from … employment into unemployment; ii) job-search effectiveness measured by the probability of moving from unemployment into … the effect is positive in the most recent periods. For native transition from employment to unemployment a complementary …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …