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The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … benefits affect individual decisions on absence and search and the implications for employment, unemployment and …
Persistent link: https://www.econbiz.de/10010321523
force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are … the relevant labor market in-stitutions in the Netherlands and use recent reforms to assess the importance of the …
Persistent link: https://www.econbiz.de/10010273960
employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …
Persistent link: https://www.econbiz.de/10010321725
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011446155
-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … firms?incentives to post new jobs. Labor market tightness as measured by the vacancy-unemployment ratio is as volatile as in …
Persistent link: https://www.econbiz.de/10010293492
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011796511
worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …
Persistent link: https://www.econbiz.de/10012022569
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
Persistent link: https://www.econbiz.de/10015070160
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnings. The result is …
Persistent link: https://www.econbiz.de/10010321580