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unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …
Persistent link: https://www.econbiz.de/10013099116
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing …
Persistent link: https://www.econbiz.de/10003283431
Persistent link: https://www.econbiz.de/10009751927
unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing …
Persistent link: https://www.econbiz.de/10012780624
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