balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about … consumption upon unemployment, while consistently dedicating a substantial part of their disposable income to mortgage commitments …We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and …

how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of … job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … decline while job loss rates increase, causing the overall unemployment rate to rise. We estimate this model structurally …

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …

impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …