Narrow search
Showing 1 - 10 of 30
Cover Image
Equilibrium Employment in a Model of Imperfect Labor Markets
Garibaldi, Pietro - 2021
, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … of the labor force. Second, it rationalizes several empirical works on the definition of unemployment in labor force …
Persistent link: https://www.econbiz.de/10013319607
Cover Image
The Ins and Outs of Unemployment in the Long Run: Unemployment Flows and the Natural Rate
Tasci, Murat - 2012
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10010500228
Cover Image
The ins and outs of unemployment in the long run : unemployment flows and the natural rate
Tasci, Murat - 2012 - This version: October 2012, First version: August 2010
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10009668477
Cover Image
The Ins and Outs of Unemployment in the Long Run : A New Estimate for the Natural Rate?
Tasci, Murat - 2011
uncover the trend changes in these flows, which determine the trend in the unemployment rate. We argue that this trend rate … margin after 2000, pushing trend unemployment up. But the trend in the separation rate has somewhat offset that effect, with … unemployment rate, most of the low-frequency variation in the rate can be accounted for by changes in the trend of the separation …
Persistent link: https://www.econbiz.de/10013132287
Cover Image
The Ins and Outs of Unemployment in the Long Run : Unemployment Flows and the Natural Rate
Tasci, Murat - 2012
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved-components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time-varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10013098216
Cover Image
Public employment redux
Garibaldi, Pietro; Gomes, Pedro; Sopraseuth, Thepthida - In: Journal of government and economics : JGE 1 (2021), pp. 1-32
The public sector hires disproportionately more educated workers. To rationalize this finding, we propose a model with a perfectly competitive private sector, and non-Walrasian public sector. Our economy also features heterogeneity across individuals and jobs, and a simple sorting mechanism that...
Persistent link: https://www.econbiz.de/10012803194
Cover Image
Unemployment Flows, Participation, and the Natural Rate for Turkey
Sengul, Gonul - 2015
This paper measures flow rates into and out of unemployment for Turkey and uses them to estimate the unemployment rate … trend, that is, the unemployment rate to which the economy converges in the long run. In doing so, the paper explores the … role of labor force participation in determining the unemployment rate trend. We find an inverse V-shaped pattern for …
Persistent link: https://www.econbiz.de/10013032138
Cover Image
Equilibrium employment in a model of imperfect labor markets
Garibaldi, Pietro; Wasmer, Etienne - 2003
, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … of the labor force. Second, it rationalizes several empirical works on the definition of unemployment in labor force …
Persistent link: https://www.econbiz.de/10010277062
Cover Image
Public Employment Redux
Garibaldi, Pietro - 2020
The public sector hires disproportionately more educated workers. Using US microdata, we show that the education bias also holds within industries and in two thirds of 3-digit occupations. To rationalize this finding, we propose a model of private and public employment based on two features....
Persistent link: https://www.econbiz.de/10012843719
Cover Image
Public employment redux
Garibaldi, Pietro; Gomes, Pedro; Sopraseuth, Thepthida - 2019
Most of the existing evidence on the effectiveness of family leave policies comes from studies focusing on their impacts on affected families - that is, mothers, fathers, and their children - without a clear understanding of the costs and effects on firms and coworkers. We use data from Denmark...
Persistent link: https://www.econbiz.de/10012153290