Showing 1 - 6 of 6
We analyse the determinants of unemployment persistence in four OECDcountries byestimating a structural Bayesian VAR … with an informative priorbased on an insiders/outsiders model. We explicitly insert unemployment ben-efits and labour taxes … shocks play adominant role in explaining unemployment also in the medium-run. Moreoverreal wages have low sensitivity to …
Persistent link: https://www.econbiz.de/10011327831
Persistent link: https://www.econbiz.de/10002200793
Social surveys are often used to estimate unemployment duration distributions. Survey non-response may then cause a … of the same workers. The latter provide information on durations of unemployment and personal characteristics of all … results based on only survey data: selectivity due to related unobserved determinants of durations of unemployment and non …
Persistent link: https://www.econbiz.de/10011338006
Youth unemployment is an issue of primary concern in WesternEuropean countries. In this paper we analyze dynamics in … unemployment foryouths, adults (prime-aged individuals), and elderly. We use quarterly Frenchunemployment data, stratified by … youths. Seasonaleffects affect youth unemployment mainly by fluctuations in the inflow. Theresults are used for a policy …
Persistent link: https://www.econbiz.de/10011299961
increase in the pace of job creation and destruction may have substantial effects on employment and unemployment;the effects … may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … takes explicitly account of the propagationof shocks through the various duration classes of unemployment andallows for …
Persistent link: https://www.econbiz.de/10010336861
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10010336863