The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …

suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in … unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for … (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor …

significantly different sensitivities to remittances. On the demandside, remittances reduce overall unemployment but benefit mostly …

institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications … will cushion the decline in labor supply from population aging, in the near-term unemployment can rise, especially among … the young and lower-skilled. The analysis highlights the need to adapt Nordic labor market institutions in a manner that …