In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus … value of a realized match. From this perspective our study presents an econometric analysis of the influence of labor market … flows on wage formation as alternative to the traditional specification of wage equations where unemployment represents the …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach … based on labor market flows. The framework shows why the Okun coefficient may be constant/time-varying and/or symmetric …/asymmetric and that the outcome lies with the behavior of the labor flows in response to growth. The encompassing framework nests the …

increase in the pace of job creation and destruction may have substantial effects on employment and unemployment;the effects … may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … takes explicitly account of the propagationof shocks through the various duration classes of unemployment andallows for …

pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …

Unemployment rates appear to vary widely at a subregional (e.g., local or provincial) level. Using spatial econometric … models for spatial autocorrelation, this paper focuses attention on the spatial structure of regional unemployment … of unemployment in the 103 provinces of Italy for the years 1998 and 2003. The results suggest that there is a clear …

ofunemployment in the Netherlands. One was based on statistical data of unemployment insurance funds of tradeunions and the other one …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is …

Statistics Netherlands uses a state space model to estimate the Dutch unemployment by using monthly series about the … more realistic real-time unemployment estimates. …

We analyze attendance of professional football matches in England finding that it is related to unemployment over a … very long period of time. More unemployment leads to lower attendances. Distinguishing between leagues, we find that the … unemployment. …