unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …

In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries … dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle … the heterogeneous-worker mechanism proposed by Robin (2011) to explain unemployment volatility by productivity shocks …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when … unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low …

models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …

account for large fluctuations in vacancies, unemployment, and job-to-job transitions; it provides a rationale for the Jobless … Beveridge Curve (the unemployment-vacancy locus). Each of these phenomena is matched in the data. …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long … run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U …

spell at the time of interview and on all previous spells back to one year before is used to construct unemployment duration … data. Unemployment spells are defined as a series of monthly episodes ending up in a transition to job or out of labour … force, or right-censored. For any unemployment spell recorded at the time of interview, the individual is asked to report on …

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …

different estimation methods and different types of data. We propose and apply an unconditional inference method that can be … we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …

-cycle migration. In this model unemployment arises from search and matching frictions. We endogenize migration via the unemployed …Recently migration patterns in the euro area changed markedly in response to increasing unemployment disparities. This … reinforced the interest in labor mobility as stabilization tool against the background of heterogeneous labor market conditions …