In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …

mobility. Our finding suggest that the role, influence and interconnection of unemployment and homeownership in mobility …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important … (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance …

average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment …

We propose a monetary model in which the unemployed satisfy the official U.S. definition of unemployment: people …, unemployment is involuntary). We integrate our model of involuntary unemployment into the simple new Keynesian framework with no … capital and use the resulting model to discuss the concept of the nonaccelerating inflation rate of unemployment. We then …

We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is ‘involuntary'). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no … capital and use the resulting model to discuss the concept of the ‘non-accelerating inflation rate of unemployment'. We then …

We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is 'involuntary'). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no … capital and use the resulting model to discuss the concept of the 'non-accelerating inflation rate of unemployment'. We then …

country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …

unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …

years. Theoretically, periods of recessions and high unemployment should directly influence individual’s decisions whether … macroeconomic shocks (e.g. housing bubble, credit crunch, mass layoffs, etc.) which should affect job search intensity. To date, the … existence of significant negative wealth effects on search intensity through changes in the stock market and housing values that …