. The unemployment rate declined steadily as well, except for upward shifts due to the late 1990s Asian Financial Crisis and … homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment … unemployment is statistically fragile, but a greater prevalence of freehold ownership and mortgaged ownership below the mean across …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … western Germany over the period 1990-97. Key words: Unemployment, wage formation, spatial analysis, local monopsony, Germany …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

. The unemployment rate declined steadily as well, except for upward shifts due to the late 1990s Asian Financial Crisis and … homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment … unemployment is statistically fragile, but a greater prevalence of freehold ownership and mortgaged ownership below the mean across …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

changing local labour market conditions. For many countries and periods, an inverse relationship between wages and unemployment … due to the use of aggregate unemployment rates and other labour market characteristics for groups. A maximum likelihood …