and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we … job market with search effort and labor force participation decisions while varying the maximum length of unemployment … effort when unemployment benefits are extended. However, individuals are more likely to participate in the labor force and to …

countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … with a significant decline in GDP. Our analysis shows that labor market institutions frequently used to study employment … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …

institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …

institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …

institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …