model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …We explore the extent to which composition, duration dependence, and labor force non-participation can account for the … sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional …

accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor … that better job accessibility significantly decreases the duration of joblessness among lower-paid displaced workers …

equivalent workers fall sharply as unemployment duration progresses. We use the model to quantitatively assess the consequences … of such employer behavior for job finding rates and long term unemployment and find only modest effects given the large … decline in callbacks. Interviews lost to duration impact individual job-finding rates solely if they would have led to jobs …

-term unemployment assistance (UA). The reform raised the minimum age to receive unlimited-duration UA from 52 to 55. Using a difference …-in-differences design, we document that shorter benefits caused (i) shorter non-employment duration, especially among younger workers; (ii …

) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the … substantial negative effects of unemployment duration on wages of 0.8% per month …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using …

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 …

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 …

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 …