000 01557nab a2200229 c 4500
999 _c149560
_d149560
003 ES-MaIEF
005 20240531122130.0
007 ta
008 240531t2024 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _971772
_aDenderski, Piotr
245 0 _aDeclining search frictions, unemployment and self-employment
_c Piotr Denderski and Florian Sniekers
500 _aResumen
504 _aBibliografía.
520 _aIn most OECD countries, unemployment rates show no trend, which is puzzling if advancements in information and communication technologies decrease labour-market frictions. We show, both analytically and quantitatively, that accounting for the secular decline in self-employment rates solves the puzzle. While declining labour-market frictions can theoretically explain these trends, we provide contradictory causal evidence that the roll-out of broadband internet has increased self-employment and decreased unemployment rates. We reconcile these observations with a new model featuring frictions in both labour and goods markets. We explain falling self-employment and non-trending unemployment quantitatively by labour-market frictions declining relatively more than goods-market frictions.
650 4 _945122
_aTRABAJADORES AUTONOMOS
650 4 _942613
_aDESEMPLEO
650 4 _947776
_aMODELOS ECONOMETRICOS
700 1 _971773
_aSniekers, Florian
773 0 _9171816
_oOP 282/2024/659
_tThe Economic Journal
_w(IEF)330
_x 0013-0133 [papel]
_g v. 134, n. 659, April 2024, p. 1100-1145
942 _cART