This review distills available empirical research about the process and experience of looking
for a job. Job search varies according to several dimensions, including intensity, content …

From the perspective of a wide range of labor market outcomes, the recession that began in
2007 represents the deepest downturn in the postwar era. Early on, the nature of labor …

We provide a set of comparable estimates for the rates of inflow to and outflow from
unemployment using publicly available data for fourteen OECD economies. Using a novel …

We provide new evidence on how labor market dynamics vary with development. We build a
new data set consisting of harmonized microdata from rotating panel labor force surveys …

How does unemployment insurance (UI) affect unemployed workers' search behavior?
Search models predict that until benefit exhaustion, UI depresses job search effort and …

In standard production models, wage volatility is far too high, and equity volatility is far too
low. A simple modification–sticky wages because of infrequent resetting together with a …

Since unification, the debate about Germany's poor economic performance has focused on
supply-side weaknesses, and the associated reform agenda sought to make low-skill labour …

In this paper, we explore the role of labor markets for monetary policy in the euro area in a
New Keynesian model in which labor markets are characterized by search and matching …

We study the macroeconomic effects of deregulating the goods and labor markets. To this
end, we introduce endogenous product creation and labor market frictions in an otherwise …

Structural VARs indicate that for many OECD countries labor force participation,
employment, and the unemployment rate significantly increase following increases in …