In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home fi?nancing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...

We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a Heckman correction for selection into unemployment . We...

I discuss the application of capture-recapture methods to estimating the total number of deaths in armed conflicts, and propose an alternative method based on a trivariate discrete choice model. Data come from the ‘Truth and Reconciliation Commission’ (TRC) of Peru, around 25000 deaths,...

In multilingual labor markets agents with high proficiency in more than one language may be selected into occupations that require high levels of skill in communicating with customers or writing reports in more than one language. In this paper we measure this effect in Catalonia, where two...

It is argued that migration from Mexico to the US and return migration are determined by international wage di erentials and preferences for origin. We use a model of job search, savings and migration to show that job turnover is a crucial determinant of the migration process. We estimate this...