-intuitive, is shown to be consistent with well-known business cycle facts, such as pro-cyclical employment and pro-cyclical vacancy …

introducing unrealistic unemployment responses to unemployment benefits …

In this paper, we discuss the time series properties of a novel daily series of aggregate employment creation and … duration, which seems to have exacerbated the spikes in employment flows over the calendar year. First, we identify calendar …, we investigate the importance of calendar effects for aggregate employment dynamics. We find that the employment growth …

We investigate how a macroeconomic uncertainty shock affects the labor market. We focus on the uncertainty transmission …

This paper evaluates the response of employment to exchange rate shocks at the industry level for G-7 countries. Using … States, Japan, Canada, the United Kingdom and Italy all appear to adjust more quickly. German and Japanese employment are …

quality of their employment match. The amount of information about the quality of a new match depends on a worker’s past job …

comovements between output and labor share. -- Credit and search frictions ; Labor market ; Unemployment …

joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of … their dynamic correlations with only one shock. …