the modern theory of unemployment. I write down an unobserved-components model and identify the cyclical and trend …This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … components of the underlying unemployment flows, which in turn imply a time-varying estimate of the unemployment trend, the …

unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …

The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … would facilitate the structural transformation and reduce the long-term unemployment rate. Linking increases in unemployment …

In the midst of sharply rising long-term unemployment, a series of unemployment benefit (UB) eligibility extensions … ‘laws of economics' to warn that the extensions may be responsible for much of the current unemployment crisis. This … eligibility rules are not effectively enforced, so any income replacement must reduce work incentives and increase unemployment …

The unemployment gender gap, defined as the difference between female and male unemployment rates, was positive until … 1980. This gap virtually disappeared after 1980 -- except during recessions, when men's unemployment rates always exceed … women's. We study the evolution of these gender differences in unemployment from a long-run perspective and over the …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …

Despite its low unemployment rate, the recent shift in the Japanese Beveridge curveindicates increased labor mismatch …