Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …

. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian model. Using a Bayesian … the two models and both provide a good empirical fit, with the crucial difference that our model delivers unemployment … fluctuations. Thus, second-moment statistics of the US rate of unemployment are replicated reasonably well in our proposed New …

Unemployment insurance is usually found to show negative effects in the transition from unemployment to a new job …. However, the extent to which workers' careers might improve or deteriorate as a result of the unemployment insurance system is …

(such as temporary contracts and mini-jobs) as well as unemployment. This combined unstable state captures a fuller picture … of the individual experience of volatile income and uncertain employment status than unemployment alone. We find that the … survival rates of unstable spells in the two countries are much more similar than those from unemployment. This suggests that …