how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of … job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … decline while job loss rates increase, causing the overall unemployment rate to rise.We estimate this model structurally using …

more of them are residing with their parents. The unemployment rate at 23-27 years old for the 1996 college graduation … explain two thirds of the rise in unemployment and coresidence between the 2013 and 1996 graduation cohorts. Rising wage … dispersion is also important for the increase in unemployment, while declining parental income, rising student loan balances and …

Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …

This paper examines the causality relationship between immigration, unemployment and economic growth of the host …-2005 for 22 OECD countries, we find that, only in Portugal, unemployment negatively causes immigration, while in any country …, immigration does not cause unemployment. We also find that, in France, Iceland, Norway and United Kingdom, growth positively …

impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …

the key driver of the unusually small increase in German unemployment in the Great Recession …

a high-unemployment urban area carries with it a large welfare penalty. Less stable jobs, slower skill accumulation …. In contrast, several policies that encourage people to move to low-unemployment urban areas increase these welfare losses …