The paper develops a model of directed search on the job where transitions of workers between unemployment, employment …. Productivity shocks are found to generate large fluctuations in workers' transitions, unemployment and vacancies when matches are …

system of unemployment compensation, with shorttime compensation as an alternative to unemployment compensation. This means …) already have short-time compensation as an option under their unemployment insurance system. In these states a governmental …

Today's high unemployment rate is often linked to a structural imbalance—a mismatch between the skills and location …

This article analyses unemployment among young people, both poor and not poor, as well as the major difficulties faced … education. Nevertheless, in a striking way, the unemployment rate doesn’t show a reduction among the most educated poor young …

This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …

While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can …

Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …