# Questions tagged [unemployment]

Unemployment is the condition of one who is capable of working, actively seeking work, but unable to find any work.

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### If companies could reduce prices to bring up demand during a recession, then why there is less production/output and more unemployment

When consumer demand reduces, and if companies could reduce prices to bring up demand during a recession, then why there is less production/output and more unemployment during a recession?
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### Why high levels of inflation doesn't leads to high levels of employment?

According to the original Phillips curve $\pi=(\mu+z)-u$ there's a negative relation between inflation and unemployment. That being said, if there were a really high level of inflation, then there ...
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### Search and Matching model with 2 agents?

I would like to know if you know any model with Search and matching framework (Mortenses-Pisarides style) with 2 types of workers (like Ricardian and rule of thumb consumers for exemple) ? I would ...
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### Imputing # of unemployed from Labor Force Survey

I am working on state-level data, where one state has recently stopped publishing the absolute figures for the number of the unemployed. Instead, it currently only releases U and LFP rates. ...
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### Unemployment with Insiders-Outsiders. What is a core employee?

In Dynamic Macroeconomics book, by Alogoskoufis, on chapter 17, he analyses a model of aggregate ﬂuctuations that is based on periodic nominal wage contracts and can explain involuntary unemployment (...
19 views

### How does using HP filter allows us to estimate long-run values for variables such as output and unemployement?

I'm reading the paper "Okun's Law: Fit at 50?" written by Laurence Ball, Daniel Leigh and Prakash Loungani. In it, in order to estimate Okun's Law in its level form, they use the HP filter ...
29 views

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### Technological unemployment

I am doing a project on technological change in the job market, that is the substitution of routine occupations and increasing demand for high-skilled jobs. I have done some research on this and now I ...
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### If someone stays at home because they can't find the type of job they want, are they included in unemployment numbers?

Say someone is looking for a job, but the ones they can find either don't give them the right compensation (businesses pay them too low) or is not the type of work they're looking for. So they stay at ...