movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …. A counterfactual experiment suggests that unemployment in Germany would have been substantially higher if the German …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …

made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …

In this paper, I quantify the contribution of occupation-specific shocks and skills to unemployment duration and its … the period 1995-2013, the model captures 69.5% of long-term unemployment in the data, while a uniform finding rate … delivers only 47.2%. In the Great Recession, the model predicts 72.9% of the long-term unemployment that existed in the data …

that long-term unemployment is only weakly related to inflation depends on the assumption of linearity in the Phillips … curve. Specifically, once convexity is allowed for during the estimation process, long-term unemployment appears to have a … significant negative influence on wage inflation, whereas in a linear Phillips curve model it is only the short-term unemployment …

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

This paper assesses the impact the Great Recession had on individuals' transitions to and from unemployment in Ireland …. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to … unemployment increased. The results indicate that young people are much less likely to exit unemployment but, at the same time …

This paper assesses the impact that the 2009 Great Recession had on individual's transitions to and from unemployment … in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from … employment to unemployment increased. The impact of some of the factors identified as contributing to the likelihood of a …