and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical … studies for Japan, Sweden and the United States, but contradicts the empirical studies for Australia, Romania and Turkey …

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … firms?incentives to post new jobs. Labor market tightness as measured by the vacancy-unemployment ratio is as volatile as in …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

estimation, show economically significant effects of shocks to the number of vacancies on employment dynamics, while shocks to … vacancies in the local labor market, and what impact it has on employment. A greater availability of unemployed workers should … unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …

The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly … sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued … area which is particularly relevant for Australia. This paper attempts to fill this void by estimating a multi …

Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …

This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …

in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the …