This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …

Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …

workers whose labor-market experiences are punctuated by spells of involuntary unemployment. They demonstrate that such …

During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open … extension in the length of time in which a claimant can collect unemployment insurance (UI) to 99 weeks, at an expense to date … process. Parameter estimates of the structural model using a sample of unemployment spells from the National Longitudinal …