The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …

unemployment. The model features both hiring freeze and bankruptcies, where the former represents a sudden shut down of vacancy … Pissarides matching model account for 10 percent of the cyclical variability of the vacancy unemployment ratio displayed by U … the variability displayed by the data. -- unemployment dynamics ; matching models …

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It … main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition … theoretically speed up the elimination of state sector jobs without affecting steady-state unemployment. These results are broadly …

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It … main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition … theoretically speed up the elimination of state sector jobs without affecting steady-state unemployment. These results are broadly …