employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

distribution of duration. This is the first study in applying this methodology to unemployment duration in Argentina. The results …Argentina constitutes an interesting case for the analysis of the labour market given that during the nineties it … reached high economic growth rates and a stable macroeconomic environment together with a significant raise in unemployment …

what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany … reveals that there is a positive relationship between unemployment rates and start-up activities. Moreover, new business … disentangling periods of low and high unemployment we find that the effect of unemployment on new business formation is only …

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …