that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same …

that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … separate from employment and endogenously reallocate between markets, in response to changing aggregate and local conditions … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …

Western Europe, but by lower employment rates in Eastern and Southern Europe …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …

be endogenous to (shocks in) employment, we use IV estimation methods. Overall, we find evidence in favour of the Oswald … employment like labour costs and productivity, the skill level of the population, and demography. Considering that ownership may … significant fall in the employment rate by about 0.3 percentage points. Our results underscore the importance of including other …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …