enters self-employment, he loses eligibility to receive unemployment insurance benefits, at least until he returns to wage … local unemployment rates lead workers to self-select into self-employment, as does past unemployment experience. The process …

-wanted ads and an unemployment subsidy, is highly contractionary. However, it leads to large welfare gains. The policy also plays …

unemployment. Juhn, Murphy, and Topel (2002) point out that the low unemployment rates for men in the 1990s were accompanied by … historically high rates of non-employment suggesting that the 1990s economy was not as strong as the unemployment rate might … increase in women's labor force participation more than offsets the decline for men, and low unemployment rates in the 1990s …