preferences. TFP news shocks are identified mainly by current and expected unemployment rates since periods in which average … unemployment is relatively high (low) are also periods in which average TFP growth is slow (fast). We work out the noise component … materialize. These autonomous changes in beliefs have induced fluctuations in the unemployment rate within a two …

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

This paper examines whether a greater concentration of foreigners increases the likelihood of unemployment in local …

that households with a participating wife are better able to deal with unemployment of the husband. A supplementary … sensitive to his own unemployment income if the wife is nonparticipating. This implies that unemployment benefits have a …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting how long …

This paper examines whether immigrants increase the likelihood of unemployment among native-born workers in the …-born workers' assessment of the number of immigrants in the local market. By doing so, the association between unemployment of … immigrants and unemployment among native-born workers. …

I analyze the matching process in the Spanish labor market from 1994-2005. I use monthly registered unemployment data … emphasize the crucial role of the demand in generating the outflows from unemployment to employment. The ECT coefficient … from unemployment to employment appears to be the sole endogenous variable. …