fall in the probability to leave the labor force from unemployment during recessions. Both mechanisms are supported by …Although the size of the labor force is nearly acyclical, worker flows between employment and unemployment on the one … paper lays out a job-search model to uncover the determinants of worker flows between employment, unemployment and …

The U.S. economy continues to be characterized by a persistently-high rate of unemployment, with at least another three … years before attainment of the pre-recession unemployment rate.Six significant structural trends are identified and their … force”. And the detrimental effect of long-term unemployment is a structural impediment to becoming well-positioned to …

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

Gross Domestic Product (GDP) in the Turkish economy. Both expansions and recessions are considered in a Markov Switching (MS … and education levels. The results reveal that men are more likely to lose their jobs during recessions in Turkey whereas … unemployment rates for 25-39 year-olds and those with at least university degrees are the least affected groups. There is also …

Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …

Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …

stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …

The recent financial crisis and subsequent recession have spurred great interest in the sources of unemployment … the model using Canadian data from 1991 to 2010. I find that, in the long run, unemployment fluctuations are mainly driven … per cent of unemployment fluctuations. I also find that inclusion of the recent financial crisis data in the estimation is …

policy-oriented studies have dealt with the evolution of unemployment in 2020, often country by country, this article focuses … on the evolution of unemployment as well as inactivity across European countries. Indeed, previous crises have typically … lead not only to more unemployment but also to larger numbers of discouraged unemployed and thus more inactivity. It …