unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …

In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries … dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle … the heterogeneous-worker mechanism proposed by Robin (2011) to explain unemployment volatility by productivity shocks …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when … unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low …

models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …

account for large fluctuations in vacancies, unemployment, and job-to-job transitions; it provides a rationale for the Jobless … Beveridge Curve (the unemployment-vacancy locus). Each of these phenomena is matched in the data. …

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 …