We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …

construction of static graphs to act as the scaffolding for job mobility. Individuals in the job market (the workforce) are modeled … analysis of labor mobility at high resolution, with the tantalizing potential for the development of full forecasting methods …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …

The relationships among geographical mobility, unemployment and the value of owner-occupied housing are studied in an … equilibrium, unemployment rates for home-owners are higher than for otherwise identical renters. Unemployment and home … more mobile than owners, the impact of home-ownership on aggregate unemployment is quantitatively small. …

mobility. Our finding suggest that the role, influence and interconnection of unemployment and homeownership in mobility …The Spanish labour market is characterised by high levels of unemployment, which have increased during the global …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important …

spell at the time of interview and on all previous spells back to one year before is used to construct unemployment duration … data. Unemployment spells are defined as a series of monthly episodes ending up in a transition to job or out of labour … force, or right-censored. For any unemployment spell recorded at the time of interview, the individual is asked to report on …