This article uses National Longitudinal Survey of Youth (NLSY79) data to investigate the impact of local labor market conditions on the employment and earnings of rural non-college-educated workers. The results suggest that local economic conditions in the late 1990s did have a positive impact...

This paper studies the cyclical labor market properties of a model which can account for the Phillips and Beveridge curves. Monopolistic competition and sticky prices on the good market are introduced in a labor market search model disturbed both by technological and money supply shocks. We...

We present theoretical and empirical results on consumption during an enmployment spell.