The inverse relationship between unemployment and Gross Domestic Product (GDP), commonly known as Okun?s law, has been traditionally analysed in the economic literature. Its application to Spain is interesting as the strong impact of business cycles on unemployment is a particular feature of the...

This paper explores the determinants of crime victimization at the neighborhood level, using data from the French victimization survey. The very local nature of the data enables me to tackle the endogenous location selection issue: once I control for the characteristics of a larger area into...

Job displacement, which is defined as an involuntary loss of job due to economic downturns or structural changes, hit millions of workers each year. According to OECD (2013) 2-7 percent of workers are displaced every year. For Sweden, OECD (2013) reports an average displacement rate of about 2...

This paper illustrates the effect of employment in the tradable sector on employment in the non-tradable sector in the same city with a simple model. The model predicts a significant positive local employment multiplier that increases in size with the unemployment rate. It also predicts that the...

In the past years, a large number of evaluations have assessed the impact of European Union's Cohesion Policy, the largest transnational programme for regional development promotion worldwide. In particular, great attention has been devoted to determine the effectiveness of EU funds in improving...

Will the projected decline in the youth share of European countries' populations alleviate the currently high levels of youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes in the relative size of age groups will cause...

We examine the optimal labor market-policy mix over the business cycle. In a search and matching model with risk-averse workers, endogenous hiring and separation, and unobservable search effort we first show how to decentralize the constrained-efficient allocation. This can be achieved by a...

The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...

During the Great Recession mass demonstrations indicated weakened political support in Europe. We show that growing dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western European countries for 1976-2010, we find that...