Business cycles are also affected by seasons of the ... And the costs for severance pay, unemployment insurance, outplacement and retraining may also be steep. Remember: Even if your income ...

We propose a highly tractable way of analyzing business cycles in an environment with random job search both off- and on-the-job (OJS). Heterogeneity in productivity across jobs generates a job ladder ...

The number of Americans filing new applications for unemployment benefits increased moderately last week, consistent with ...

Employers added 143,000 jobs last month, signaling a more subdued labor market even as the unemployment rate edged down to 4 ...

Last week’s increase was consistent with steadily easing labour market conditions, though opportunities for those out of work ...

In this paper we build an equilibrium job search model with the life cycle of workers to assess the effect of this shape of unemployment benefits taking into account this life cycle dimension. In this ...