unemployment. This link becomes more evident when wage inflation is disaggregated at sectoral and occupational levels. Using … of 0.8 million online job vacancies. We find a weak trade-off between aggregated national-level wage inflation and … exogenous variations in local market unemployment as the main identification strategy, a negative correlation between vacancy …

This paper studies the effects of endogenous participation on unemployment fluctuations. It shows that the wage channel … with respect to productivity becomes smaller and hence the model can generate larger unemployment fluctuations. By … the unemployment volatility and 62% of job openings volatility …

their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …

the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …