Most studies that use classical unit-root tests in OECD countries support the unemployment hysteresis hypothesis. However, similar classical tests performed on US data yield mixed results, uncovering specification issues. This study uses a number of panel unit root tests, which are known to...

This paper represents an inquiry into employment inequality between population sub-groups. The first, and most obvious, starting point to this inquiry - and which forms the subject matter of this paper - was to ask how such inequality should be measured. This question was answered in terms of an...

This paper investigates the macroeconomic and welfare effects of illegal immigration on the native born within a dynamic general equilibrium framework with labor market frictions. A key feature of the model is that job competition is allowed for between domestic workers and illegal immigrants....

The conventional search and matching model has been criticized for its inability to explain large cyclical volatility in the vacancy-unemployment ratio without ad hoc assumptions of wage rigidity. This paper presents a mechanism of such volatility without assuming wage rigidity by showing that...

This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment.

This paper attempts to investigate the relation among wages, unemployment and obesity and to identify public policies to address the problem of over-weightness. To this purpose, a simple search and matching model of labour market is developed. Our framework tries to capture the relationship...

This paper argues that existing matching models with unemployment as an active search and nonparticipation as an inactive search predict counterfactual results: the unemployment rate is at most two times as volatile as the employmentpopulation ratio; only 20 percent of the actual volatility of...

The aim of this paper is to present evidence of the main factors that influence the voluntary decision of the assurance of unemployment in Chile. To carry out this purpose, a model Logit Binomial was estimated using information of the Survey of Socioeconomic Characterization (CASEN) 2003. The...

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...

Using data from a most recent national household survey in China, we provide new evidence for the relationship between body mass index (BMI) and labor market attainments. In contrast to previous studies, we find a non-linear relationship between BMI and employment / wages, especially for women....