firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …

causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on … geographical mobility of workers, but does not in general confirm that homeowners have longer unemployment spells or higher … unemployment rates. Even though this finding is related to heterogeneity in the labour force and associated selectivity effects …

. 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 …

flows on wage formation as alternative to the traditional specification of wage equations where unemployment represents the …

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 …

transition out of unemployment. We show that rationing of the demand for training increases theunemployment duration of non …