small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …

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. -- Liquidity …

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 …

magnitude lower than previously reported in the literature and their effect on labor mobility and unemployment is significantly …