start of the recent recession only 17 states offered short-time compensation (STC) — pro-rated unemployment benefits for … in STC as a tool for mitigating unemployment during downturns. New federal legislation enacted in 2012 will encourage …

Underemployment is an important problem as unemployment for most of the developing countries. This paper aims to … examine the impact of individual as well as labor market characteristics on being underemployment in Turkey. We use micro … there is an inverse U-shaped relation between underemployment and age. Regardless of being male or female, while living in …

rate in particular contain implicit theories of unemployment. In some cases, the theory is explicit. When the nominal rate … employment, and higher unemployment. Quite separately, the Diamond-Mortensen-Pissarides model is a widely accepted and well …-developed account of turnover, wage determination, and unemployment. The DMP model is a clashing theory of unemployment, in the sense …

/4 of mismatches is efficient and attenuates polarization and unemployment over the cycle …

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total … employment gap under stagnation are primarily driven by fluctuations in underemployment instead of structural unemployment. Our …