This paper provides new evidence on the effect of homeownership on unemployment spells by disaggregating exit from … unemployment into full-time and part-time employment using the March Current Population Survey (CPS) data from 1990 to 2013. Using … duration models, I find that when transition from unemployment to different types of employment is ignored, homeownership …

In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …

The U.S. labor market has been experiencing unprecedented high average unemployment duration. The shift in the … unemployment duration distribution can be traced back to the early nineties. In this study, censored quantile regression methods … are employed to analyze the changes in the US unemployment duration distribution. We explore the decomposition method …

The U.S. labor market has been experiencing unprecedented high average unemployment duration. The shift in the … unemployment duration distribution can be traced back to the early nineties. In this study, censored quantile regression methods … are employed to analyze the changes in the US unemployment duration distribution. We explore the decomposition method …

In this paper, we study U.S. unemployment dynamics using grouped unemployment data from the Current Population Survey … over the period 1968-1992. We estimate a model that traces variation in these unemployment data, both over time and between …

preferences. TFP news shocks are identified mainly by current and expected unemployment rates since periods in which average … unemployment is relatively high (low) are also periods in which average TFP growth is slow (fast). We work out the noise component … materialize. These autonomous changes in beliefs have induced fluctuations in the unemployment rate within a two …

large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up …