rate models that account for both the stock-sampling and the possible maximum duration for the transitions from … unemployment, household care and disability to employment. Then we decompose the differences in expected duration between the … the years 1998 and 2002. These are based on stock sampling. Since for some individuals labor market transitions occur at a …

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 …

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 … composition of the inflow into unemployment. We also find negative duration dependence of the unemployment exit rate which can be …

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 …

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

We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … differences between the micro and macro unemployment definitions. The results also show to what extent the unemployment duration … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the …

. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …

where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the … equilibrium wage distribution with a higher vacancy-to-unemployment ratio first-order stochastically dominates the wage …