. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

. The aim of the paper is to analyse the transitional dynamics of unemployment and vacancies when financial constraints are … describes the transition path of unemployment and vacancies to their steady state values. We show that the transition path … downward sloping. This implies unemployment and vacancies adjust in opposite directions as observed in the data. When …

unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in …. We then estimate our sufficient statistics using administrative data on unemployment, income and wealth in Sweden. First …

This paper examines the impact of housing tenure choice on unemployment duration in Belgium using EU‐SILC micro data … simultaneously estimate unemployment duration by a mixed proportional hazard model, and the probability of being an outright … the causal influence of different types of housing tenure on unemployment duration, we use instrumental variables. Our …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

temporarily reduce unemployment and increase wages in periphery countries at the cost of somewhat higher unemployment in receiving …

Unemployment recoveries in the US have been inexorable. Between 1948 and 2019, the annual reduction in the unemployment …, unemployment continues to glide down. Occasionally, unemployment rises rapidly during an economic crisis, while most of the time …, unemployment declines slowly and smoothly at a near-constant proportional rate. We show that similar properties hold for other …