“...Important progress has been made in economists' understanding of the Bevendge curve, from its measurement to its expression in canonical labor market models...”

“...This paper introduces a notion of firm size into a search and matching model with endogenous job destruction. The outcome is a rich, yet analytically tractable...”

“...Over the past quarter century, labor's share of income in the United States has trended downward, reaching its lowest level in the postwar period after the...”

“...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...”

“...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,...”

“...A dominant trend in recent modeling of labor market fluctuations is to treat unemployment inflows as acyclical. This trend has been encouraged by recent...”

“...The existence of downward nominal wage rigidity has been abundantly documented, but what are its economic implications? This paper demonstrates that, even when...”

“...The increase in unemployment in the United Kingdom that accompanied the Great Recession has been conspicuous by its moderation. The rise in joblessness is...”

“...In Chapter 2 of The General Theory of Employment, Interest, and Money (1936), John Maynard Keynes put forward an assumption of downward rigidity in nominal...”