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whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in … unemployment. …
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unemployment and vacancies with respect to output. We estimate the structural model with the two shocks and using the Bayesian … methodology. The bulk of variations in unemployment and vacancies is mainly explained by disturbances pertaining to the discount …
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The paper investigates the link between the over-exposure of African immigrants to unemployment in France and their …
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In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …
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