, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

exist because of valuable job-matches, unemployment among high-productivity laid-off workers may be optimal from societal … unemployment instead of low-wage jobs, resulting in an inefficient level of unemployment. This paper shows that in such cases, a re …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …

market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …

We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on … exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and … decide whether to accept them or wait. Only jobs in the formal sector come with unemployment benefits. After incorporating …