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 …

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 …

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 …

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 …

workforce between two consecutive years. We estimate whether those who have been laid off have more diagnosed mental health …

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 …