impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …

United States prevents any persistence in relative regional unemployment rates whereas the lack of mobility in Europe results … in persistent unemployment rate differentials across British regions and European nations. Europe must therefore adopt … measures to reduce barriers to immobility if it is to succeed in moderating the persistence in relative unemployment rates …

Germany. The analysis distinguishes four types of career interruptions: unemployment, parental leave for female workers …

pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other …'s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …

serious pitfalls. Three canonical variates used in the literature - the minimum unemployment rate during a worker's time at … the firm (min u), the unemployment rate at the start of her tenure (Su) and the current unemployment rate interacted with … wage response to unemployment of new hires and incumbents will appear under both equal treatment and unequal treatment. …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …