Cyclical Aspects of Black Unemployment: An Empirical Analysis

Cyclical Unemployment, Structural Unemployment

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge curve pattern of unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores issues in that proxy relations...

Separations, Sorting and Cyclical Unemployment

This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle. Using micro-data from the Current Population Survey for the years 1962-2012, it documents that in recessions the pool of unemployed shifts towards workers with high wages in their previous job. These shifts are associated with both observed and unobserved factors in the wage...

Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?

Optimal Unemployment Insurance and Cyclical Fluctuations

We study the design of optimal unemployment insurance in an environment with moral hazard and cyclical fluctuations. The optimal unemployment insurance contract balances the insurance motive to provide consumption for the unemployed with the provision of incentives to search for a job. This balance is affected by aggregate conditions, as recessions are characterized by reductions in job finding...

an infinite planar array of rectangular microstrip patch antenna analysis

the methods which are used to analyze microstrip antennas, are divited into three categories: empirical methods, semi-empirical methods and full-wave analysis. empirical and semi-empirical methods are generally based on some fundamental simplifying assumptions about quality of surface current distribution and substrate thickness. thses simplificatioms cause low accuracy in field evaluation. ful...