2. Inflation and Unemployment during Recessions (mean change from beginning of recession, quarterly data) Despite large rises in unemployment during the Great Recession, inflation has been remarkably stable in almost all advanced economies. This is different from the recessions in the 1970s and 1980s, when inflation fell much more when unemployment rose. Figure 3.1. The Behavior of Inflation Ha...

BACKGROUND Research shows that unemployment reduces access to health care and vaccines and increases financial difficulty, family conflict, and other sources of stress that are known to suppress immune function. In addition, seasonal unemployment rates parallel seasonal influenza activity. Following a theory that argues that macroeconomic conditions affect population health, this paper examines...

Background: This study investigates possible mechanisms that can explain the association between unemployment and smoking, that is a) unemployment increases smoking probability (causation), b) smoking increases the probability to become unemployed (selection), and c) differences in both smoking and unemployment probabilities trace back to differences in socio-economic position (common cause). M...

This paper explores the relationship between pay inequality and unemployment rates for 187 European Regions from 1984-2003. We measure inequality within the regions -between 16 industrial sectors in each region -and also between the regions: thus the inequality measures are nested. Our model of unemployment employs a panel structure that permits us to separate regional, national and continental...

The UI bonus experiments were conceived just after unemployment in the United States had reached a post–World War II high. In 1982 and 1983, for example, the civilian unemployment rate was nearly 10 percent (Council of Economic Advisers 1999). During the 1960s, the unemployment rate averaged under 5 percent and during the 1970s, it averaged just over 6 percent. High unemployment, coupled with a...

Offshoring and Unemployment In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to offshor...

Elevated morbidity and mortality among jobseekers may be partly explained by adiposity, but previous studies of unemployment and body mass index (BMI), which have usually modelled associations as linear, have produced inconsistent results. However, both underweight and obesity are associated with mortality, and both weight loss and weight gain associated with a stressful environment. If unemplo...