This paper discusses various concepts of unemployment rate benchmarks that are
frequently used by policymakers for assessing the current state of the economy as it relates …

Using a novel database of 159 million online job postings, we examine changes in employer
skill requirements for education and specific skillsets between 2007 and 2017. We find that …

Abstract The Austrian Beveridge curve shifted in 2014, leading to the ongoing academic
discussions about the reasons behind this shift. While some economists have argued that …

This article estimates the matching function of the British labour market for the period of 1921–
1934. Changes in matching efficiency can explain both employment resilience during the …

We use a parsimonious unobserved components model with flow rates to estimate a time-
varying unemployment rate trend for Turkey. Our approach is grounded in the modern theory …

Local labor market adjustment to exogenous demand changes is studied in the context of
the closure of US military bases between 1991 and 1999. This post Cold War episode …

Abstract The Phillips Curve is commonly relied upon to estimate the non-accelerating
inflation rate of unemployment (NAIRU). However, the trade-off between inflation and …

As COVID-19 spread across the world in 2020, economic activities have been impacted, and
unemployment has risen across many countries. The consequences have been particularly …

This chapter explores labor market developments in Poland after its European Union (EU)
accession and discusses factors lying behind the spectacular unemployment fall. It provides …

CESR-SCHAEFFER WORKING PAPER SERIES Page 1 The Decline in the US Labor Force
Participation Rate: A Literature Review Francisco Pérez-Arce, María J. Prados Paper No …