The long-term equilibrium unemployment rate has returned to the center of the economic debate in France. It derives … compute a long-term equilibrium unemployment rate that depends, in France, on the terms of trade, the employer social …

estimated. The estimated probability of being a homeowner is then used to explain the length of an individual unemployment spell … hazard rate of leaving unemployment. Results from a 3,965 individuals French data set based on “TDE-MLT” survey suggest that … home-ownership has a positive effect on unemployment duration, that is Oswald’s hypothesis is not invalidated. …