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costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown … higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving …
Persistent link: https://www.econbiz.de/10005761940
This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply … dynamic optimization theory. We develop a general framework for the labor market where the search for a job involves dynamic …
Persistent link: https://www.econbiz.de/10005762359
current home owner’s house price covaries positively with housing costs in a future city, changes in the future cost of …We show that the hedging benefit of owning a home reduces the variability of housing consumption after a move. When a … housing are offset by commensurate changes in wealth before the move. Using Census micro-data, we find that the cross …
Persistent link: https://www.econbiz.de/10010577760
we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …
Persistent link: https://www.econbiz.de/10005822504
,965 individuals French data set suggest that homeownership has a positive effect on unemployment duration. … whether homeownership results in negative outcomes in the labour market. In a first step, a multinomial logit model for the … then used to explain the length of an individual unemployment spell. This flexible method of estimation accounts for both …
Persistent link: https://www.econbiz.de/10004970462
Italy's labour market suffers from a serious pathology, in addition to the increasing precariousness of the young workforce common to all EU member countries: flows from regular employment to non-employment are very often dead-ends. A vast number of young individuals who lose their job only a...
Persistent link: https://www.econbiz.de/10010884397
social insurance system. Supplementary information on establishments and on unemployment periods in which a claimant received …
Persistent link: https://www.econbiz.de/10005822748
, unemployment and emigration are factors that play a significant role in the economy. The decline in employment weakens the social …
Persistent link: https://www.econbiz.de/10005800720
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10005451411
This research focuses on the gap between the last employment and the new job at the exit of unemployment in the … lock-in position or a start to a new positioning ? This approach suggests that the combination of mobility and downgrading … at the exit of unemployment is an important phenomenon. One can suggest that either relegate positions could characterize …
Persistent link: https://www.econbiz.de/10005696755