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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
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, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …
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worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …
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We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with …
Persistent link: https://www.econbiz.de/10012137069
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our … single-sector perspective pays special attention to the role of income effects and shows that bad institutions in one country …
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the US unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that adopt both our … the GI outperform the traditional ones in predicting the monthly unemployment rate, even in most state-level forecasts and … ; US Unemployment ; Time Series Models …
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