The “natural” in the natural rate of unemployment is a misnomer, insofar as unemployment does not occur in nature. The …

changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …

conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …

Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker’s absences and local unemployment rate (at the provincial level). We find …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …

how a person’s employment status affects cognitive well-being. Our results show that unemployment has a negative impact on … strengthens the loss in identity utility of men, but weakens that of women. Unemployment of a person’s partner reduces the …

impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …

unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic … equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and … reallocation unemployment. We document new evidence on unemployed workers’ gross occupational mobility and use it to calibrate the …

, and on the economy-wide unemployment rate. A reduction in the offshoring cost affects intrafirm and intrasectoral … economy-wide unemployment rate are the elasticity of substitution between inputs and the elasticity of demand for … cost of offshoring affects jobs and unemployment. We also show that the implications of a reduction in the cost of trading …