unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …

increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …

-employment increases the probability of self-employment significantly, and self-employment goes along with a higher risk of future non-employment. …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …

.e., switching from self-employment to unemployment) are substantial and exceed the costs of involuntarily losing a salaried job (i ….e., switching from salaried employment to unemployment). Meanwhile, leaving self-employment has no consequences for selfreported … this traumatic event. Our findings imply that policies encouraging entrepreneurship should also carefully consider the …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. …