In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …

Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates …, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in … housing markets. Modelling regional unemployment differentials as a consequence of centralized wage bargaining, we show that …

becoming junior medical specialist. To deal with selectivity, we simultaneously model the transitions from unemployment to … trainee, from unemployment to medical assistant, from medical asistant to trainee and from medical assistant to unemployment …