This paper analyzes the effects of "shocks" to community-level unemployment expectations, induced by the onset of the … Great Recession, on children's mental well-being. The Australian experience of the Great Recession represents a unique case … study as despite little change in actual unemployment rates, levels of economic uncertainty grew. This affords us the …

approach that exploits regional variation in unemployment and compares babies born to the same parents so as to deal with …-percentage-point increase in the unemployment rate during pregnancy reduces the probability of having a birth weight less than 1,500 grams or of …

what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany … reveals that there is a positive relationship between unemployment rates and start-up activities. Moreover, new business … disentangling periods of low and high unemployment we find that the effect of unemployment on new business formation is only …

macro-economic conditions in the form of regional unemployment rates. The results from our panel data models, several of … downturn, with an approximately 0.7 percentage point increase for each one percentage point rise in the unemployment rate … percentage point increase in the regional unemployment rate leading to an up to 0.8 percent decrease in consumption. …

We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …

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