market outcomes than job switchers. Over 40% of all workers separating into unemployment regain employment at their previous … temporary layoff. Recalls are associated with much shorter unemployment duration and better wage changes. Negative duration … dependence of unemployment nearly disappears once recalls are excluded. We also find that the probability of finding a new job is …

-market policy instruments, namely, a vacancy subsidy, a layoff tax and unemployment benefits. The authors derive analytical … that hiring subsidies, layoff taxes and the replacement rate of unemployment insurance should all rise in recessions. The …

monthly Current Population Survey, I estimate unemployment-to-employment (UE) hazard function and unemployment-to-inactivity …This paper attempts to quantify the effects of extended unemployment insurance benefits in recent years. Using the … suggest that extended benefits in recent years have raised male workers’ unemployment rate by 1.2 percentage points with a 90 …

revolving nature of credit card lending is naturally modeled in this framework. Our results indicate that unemployment, and in … particular the level and change in unemployment, plays a significant role in the probability of transition across delinquency … significant impact for high credit score and for high-utilization accounts. Our results also indicate that unemployment and a …

separation rate, whether exogenous or endogenous, greatly increases the unemployment variability generated by the model …