This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …

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 …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

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 …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …

regional unemployment rates. While employed men suffer from regional unemployment, unemployed men are significantly less … negatively affected. This is consistent with a social-norm effect of unemployment in Germany. We find no evidence of such an …

results suggest a negative association of DSL availability with unemployment rates across German municipalities. However, the … unemployment. …

autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …

wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy’s Household Survey and …