Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …

enter into employment, and unemployment in the local area district. Largely unexplored in the literature this adds to the … work which has examined the association between employee wages and unemployment – the 'wage curve' …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

capacity. In important theoretical approaches it is assumed that this threshold depends on the unemployment rate. If this is … excellent opportunity to test the relationship between unemployment and reservations wages. The analysis opens up the 'black box …

changes in vacancies would predict. Overall, these job search responses have the potential to amplify the labour demand shock. …

views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects … industries and occupations heterogeneously. Second, the scope and direction of search change. Job seekers respond to the shock by …

comprehend the patterns and trends of worker transitions across states related to employment, unemployment, temporarily inactive …

In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market … participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long …. Overall we find that Germany increased welfare as unemployment fell. …