How has the internet affected search and hiring, and what are the implications for aggregate unemployment? Answering … indicate that the steady-state unemployment rate fell by as much as 14% due to the broadband internet expansion …

We systematically review studies of how unemployment benefits affect unemployment duration. Statistically significant …

employment is the efficient unemployment rate, u*. We define u* as the unemployment rate that minimizes the nonproductive use of …). Accordingly, the efficient unemployment rate is the geometric average of the unemployment and vacancy rates: u* = √uv. We compute …

-term unemployment assistance (UA). The reform raised the minimum age to receive unlimited-duration UA from 52 to 55. Using a difference …

This study documents how job seekers update perceived job-finding prospects by unemployment duration and by learning … about aggregate unemployment. We find that job seekers perceive an 18% decline in their job-finding probability for each … additional month of unemployment, but perceive a higher job-finding probability when the aggregate unemployment rate is …

variables while it is uncorrelated with life satisfaction. The unemployment rate and the CPI reduce both. We analyze data for 29 … European countries to predict changes in the unemployment rate 12 months ahead using individuals' fears of unemployment in the … presence of country and year fixed effects and lagged unemployment. We also use firms' expectations of future employment, which …