unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …

models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long … run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U …

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …

their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi … unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …

Subsidizing the geographical mobility of unemployed workers may improve welfare by relaxing their financial constraints … and allowing them to find jobs in more prosperous regions. We exploit regional variation in the promotion of mobility … mobility - as intended - causes job seekers to increase their search radius, apply for and accept distant jobs. At the same …

reducing unemployment leads to industrialised countries offering financial support to unemployed job seekers when searching for … and/or accepting jobs in distant regions. In this paper, we investigate the impact of the existence of these mobility … radius causes a higher geographical mobility and hence higher employment probabilities and wages. …

set up a matching model with directed search and double-sided heterogeneity. When a workers is temporarily forced out of …