A distinctive feature of unemployment is that its incidence is far from being homogeneously distributed in the … territory. Disparities in unemployment rates are not only observed between countries but also between regions within countries …. The available evidence indicates that since the early 80s Spain is a country of high unemployment rates, and persistently …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates …, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in … housing markets. Modelling regional unemployment differentials as a consequence of centralized wage bargaining, we show that …

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 …

Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates …, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in … housing markets. Modelling regional unemployment differentials as a consequence of centralized wage bargaining, we show that …

Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to … pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local … unemployment ratio decreases in response to an increase in the amenity level if the amenity is marginally more beneficial to …

. The unemployment rate declined steadily as well, except for upward shifts due to the late 1990s Asian Financial Crisis and … homeownership and declining unemployment are linked and that the causality runs from high homeownership leading to high unemployment … unemployment is statistically fragile, but a greater prevalence of freehold ownership and mortgaged ownership below the mean across …

The wage curve literature consistently finds a negative relationship between regional unemployment rates and regional … wages; the most widely accepted theoretical explanations interpret the unemployment rate as a measure of job competition …. This paper proposes new ways of measuring job competition, alternative to the unemployment rate, and finds that the …

postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities …