rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

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 …

This paper investigates the age-dependency of participation and unemployment by integrating job search with … that the age pattern of search unemployment does not match observed unemployment and we propose a new concept of 'voluntary …' unemployment that agrees well with observations. …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion for the US is consistent with an unemployment rate of 4 …

that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from … endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial …

strictly exogenous to labour market status or labour income. Health and labour market variables are correlated because of …-assessed health measures are usually at hand in empirical analyses and research indicates that these may be affected by endogenous …, state dependent, reporting behaviour. Furthermore, even if an objective health measure is used, it is not likely to be …

In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … an Income Satisfaction question posed in the German Socio-Economic Panel (GSOEP). Income satisfaction is the subjective … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a …

This paper presents an empirical analysis of the importance of 'comparison income' for individual well-being or … happiness. In other words, the influence of the income of a reference group on individual well-being is examined. The main … novelty is that various hypotheses are tested: importance of own income, relevance of the income of the reference group and of …