We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

unemployment to small structural shocks …

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 …

Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation and employment and a rise in unemployment …

This paper studies the macroeconomic effects of an enhancement in unemployment benefits in Korea. In particular, I … unemployment insurance (UI) system in Korea. The quantitative analysis conducted here shows that extending maximum benefit …

, including unemployment and layoff rates, but are negatively associated with procyclical measures. Overall, our evidence supports …

explain the ambiguity regarding the effects of immigration. A more generous unemployment insurance system for immigrants … increases both the unemployment rate and crime rates. An extended duration of incarceration and a deportation policy reduce …

Unemployment represents one of the major problems in modern economies. In order to create appropriate measures for its … reduction, it is necessary to know the exact relationship between the NAIRU (Non-Accelerating Inflation Rate of Unemployment …) and the actual unemployment rate. Therefore, this paper examines the impact of various factors on change in the NAIRU rate …

implications for the unemployment dynamics. I propose a simple specification of bargaining friction by including bargaining wedges …, inefficient separations could be generated which would in turn induce inefficient unemployment. The existence of inefficient … unemployment due to bargaining friction could potentially explain the excessive fluctuation of unemployment observed in the data …

The Great Recession, which was preceded by the Financial Crisis, resulted in higher unemployment and income inequality … model, tighter credit leads to lower output, a lower number of vacancies, and higher directed-search unemployment. If …