performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

employment fluctuations over the business cycle but there is little direct empirical evidence on this conjecture. This paper …, and construction workers. I study the wage and employment responses of these occupations to the housing cycle, a proxy for … labor demand shocks to the industry. The employment of real estate agents, whose pay is far more flexible than the other …

other countries. However, these policies also appear to encourage part-time work and employment in lower level positions: US …

influence the labour market performance of skilled immigrants. Our estimates point to improvements in employment rates and … reforms. Nonetheless, the gains are modest in comparison to a substantial and persistent performance advantage of U.S. skilled …

Western Europe, but by lower employment rates in Eastern and Southern Europe …