interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

This paper studies the association between the unemployment experience of fathers and their sons. Based on German … survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation … and the Gottschalk (1996) method we investigate to what extent fathers’ unemployment is causal for offsprings’ employment …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

for children's development. We examine this hypothesis by analyzing the short-and long-run effects on children's health … children's education - not, however, on health. The effects on children's education aggravate over time. Empirical evidence …

terrorism are robustly associated with larger populations and higher unemployment rates. This suggests that both may be …