unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total … employment gap under stagnation are primarily driven by fluctuations in underemployment instead of structural unemployment. Our …

the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …

In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and … also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general …

relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different …

immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining … immigration enforcement mutes job creation and raises the unemployment rate of all workers, having an even larger detrimental …

that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …

unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …