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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 …
Persistent link: https://www.econbiz.de/10010423759
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 …
Persistent link: https://www.econbiz.de/10010355704
unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …
Persistent link: https://www.econbiz.de/10010528571
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in response to local productivity shocks. Using a quantitative model with imperfect mobility and sector-specific labor … heterogeneity in Germany's complex interregional linkages. I find that population mobility reduces the magnitude of local employment … production have a much milder effect on employment elasticities. National employment rates are less dependent on mobility with …
Persistent link: https://www.econbiz.de/10011936726
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How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi … unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …
Persistent link: https://www.econbiz.de/10012156373
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi … unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …
Persistent link: https://www.econbiz.de/10012158733