The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based … on a discrete time competing risks hazard rate model applied to comparable microdata sets. The unemployment risk is … broken down into the risk of entering unemployment and the risk, once unemployed, of not getting reemployed. The paper …

the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …