traces the sources of TFP growth in the UK over the last two decades through the lens of a structural model of innovation … importance. This emphasizes the need for growth policies that facilitate labor and capital reallocation across firms, in addition …

Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …

Despite its low unemployment rate, the recent shift in the Japanese Beveridge curveindicates increased labor mismatch …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

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 …

, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment …While unemployment rates in Europe declined after the global financial crisis until 2018/19, the incidence of long …-term unemployment, the share of people who have been unemployed for more than one year to the total unemployed, remained high. Moreover …

policies, such as unemployment benefits, as well as labor taxation render matching significantly more difficult …This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify … growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve. Our …

fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across … not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in …