precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home …-ownership in a U.S. state is followed in the long-run by more than a doubling of the later unemployment rate. What mechanism might … commuting times, and (iii) fewer new businesses. Our argument is not that owners themselves are disproportionately unemployed …

workers with part-time hours who would prefer more hours) and the rate of non-employment which includes both the unemployed …Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …

1) Fear of unemployment substantially depresses pay in both countries …3) The unemployment elasticity of pay averages -0.1 in the UK and apparently zero in the US …

uses microeconomic data to examine the employment consequences of unionization. The paper addresses this issue with a new … association between poor employment performance and the presence of trade unions. The union employment growth differential is …

self-employment. They were accompanied by a substantial improvement in the labour market position of women. But the reforms … nonemployment to employment for men; a devastating loss in full-time jobs for male workers and produced substantial seemingly … workings of the UK labour market. Our primary conclusion is that the Thatcherite reforms succeeded in their goals of weakening …

self-employment rate and the unemployment rate. It is also shown that the self-employed are more satisfied with their jobs …This paper describes measurement of a self-employment rate and the important role the agricultural sector plays in any … analysis of the determinants of self-employment. The determinants of the self-employment rate are modeled using a panel of 23 …

Following Phillip's original work on the UK, applied research on unemployment and wages has been dominated by the … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately -0.1. Contrary to the Phillips … and labour economics …

regional (or industry) unemployment. This "wage curve" is estimated using microeconomic data for Britain, the US, Canada, Korea …, Austria, Italy, Holland, Switzerland, Norway, and Germany, The average unemployment elasticity of pay is approximately -0 …

approach, we find that union density is greatest, ceteris paribus, within establishments in areas of high unemployment …