unemployment risk alongside an additional risk of involuntary part-time employment. A calibration of the model consistent with U … unemployment. This finding relies critically on the much higher probability to return to full-time employment from part-time work … unemployment. Spells of involuntary part-time work are different from unemployment spells: a full-time worker who takes on a part …

from unemployment from a worker's perspective. We also quantify the welfare costs of cyclical fluctuations in involuntary … unemployment in the U.S. labor market. In the empirical analysis, we document that the similar cyclical behavior of involuntary … part-time work and unemployment masks major differences in the underlying dynamics. Unlike unemployment, variations in …

positively associated with the unemployment rate but that the association is much weaker than in the US and in the UK. Transition … probabilities between employment states over the cycle suggest two particular underlying mechanisms: First, already employed workers …

employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible … data techniques, we investigate whether, as mainstream studies argue, the evolution of employment and unemployment in the …

We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially … margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes … in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail …

Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and … underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the … relationships between well-being and job satisfaction on the one hand and employment status and retirement, on the other, using …

cyclical employment dynamics, we identify two clusters of occupations that roughly correspond to the widely discussed notion of … around 1990. We show that, absent these breaks, employment in the three "jobless recoveries" since 1990 would have recovered …

probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …

This research exploits a large employer-level panel dataset in order to analyse employment and worker flows. Excess … countercyclical. Separations increase in upswing, following the accession increase, and decline in recession. Unemployment during …