with the invariant method. These effects are not present in a simple search model in which individuals are influenced by …

We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents … search accepting residences based on their idiosyncratic tastes for housing and a disagreement point derived from information … on the distribution of offers. The steady state to which the simulation evolves shows price dispersion, nonzero search …

speculating on the relationship. The general idea is that recessions are linked with higher unemployment, which is in turn linked …

-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …

neighborhood characteristics explain victimization better than individual characteristics. Second, I find that local unemployment … the precise localization of the data to adopt a spatial approach, comparing the effect of unemployment rate in the …

determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased … market capitalization as well as decreased banking concentration reduce unemployment if the level of labour market regulation … intermediated credit worsens unemployment when the labour market is weakly regulated and coordinated, whereas it reduces …

with a small one. Surprisingly, the end of transition is also characterized by lower unemployment when there are massive … layoffs - because in the short run, the high unemployment implied by the massive decrease makes job creation in the …