The Urban Institute is a nonprofit, nonpartisan policy research and educational organization
that examines the social, economic, and governance problems facing the nation. The views …

This paper analyzes the effects of the Great Recession on different generations. While older
generations suffered the largest decline in wealth due to the collapse in asset prices …

Employer learning provides a link between wage and employment dynamics. Workers who
are selectively terminated when their low productivity is revealed subsequently earn lower …

This paper present first empirical analysis of long-term unemployment spells and exit states
of Romanian and Hungarian men. We analyze the effect of various individual characteristics …

This paper studies the effects of moral hazard on employment and wage dynamics using a
continuous-time competitive search model with aggregate productivity shocks …

A direct job change yields an 8% wage gain, but a job change through unemployment yields
a persistent 16% wage loss. I develop a model of labor markets where employer information …

Long-term unemployment has severe negative consequences. However, little is known
about how long people could expect to be unemployed for more than one year during their …

This study tests the effects of individual characteristics on the incidence of being long-term
unemployed in Turkey using data from Turkey's Household Labor Force Surveys of 2010 …

Using the NLSY79 and NLSY97, I estimate decreases in wages resulting from involuntary
job losses (layoffs and plant closings), commonly called wage scars. My main question is …

In this paper we present key statistics on the labor market of Greece and the Eurozone over
the crisis period 2009-2014, with particular emphasis given to youth and longterm …