The main objective of passive employment policies is to guarantee a certain level of consumption and well-being for workers who lose their jobs. These policies also aim to assist the unemployed in searching for a new job and to improve the matching between employers and workers to generate...

The functioning of the labor market can be represented by worker flows, and the fluctuation of these flows determines the fluctuation of unemployment. The literature measures the importance of a flow such as the proportion of the variance of long-term or stationary unemployment that is explained...

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of labor market flows but also of the approximation error embedded in other decompositions that use surrogates for the current rate. Using data for the United States and Brazil,...

The functioning of the labor market can be represented by worker flows, and the fluctuation of these flows determines the fluctuation of unemployment. The literature measures the importance of a flow such as the proportion of the variance of long-term or stationary unemployment that is explained...

The main objective of passive employment policies is to guarantee a certain level of consumption and well-being for workers who lose their jobs. These policies also aim to assist the unemployed in searching for a new job and to improve the matching between employers and workers to generate...

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of labor market flows but also of the approximation error embedded in other decompositions that use surrogates for the current rate. Using data for the United States and Brazil,...