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One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment … of Unemployment,quot; i.e., the extent to which increased unemployment during a recession arises from an increase in the … number of unemployment spells versus an increase in their duration. After broadly reviewing the previous literature, we …
Persistent link: https://www.econbiz.de/10012760434
One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment … Unemployment," i.e., the extent to which increased unemployment during a recession arises from an increase in the number of … unemployment spells versus an increase in their duration. After broadly reviewing the previous literature, we replicate and extend …
Persistent link: https://www.econbiz.de/10012465803
Persistent link: https://www.econbiz.de/10012172694
higher levels of unemployment although home-owners tend to be unemployed less. The choice of housing tenure affects moving … costs and thereby regional mobility and unemployment. The paper analyzes the impact of symmetric and asymmetric shocks on … mobility and unemployment, and discusses effects of government intervention in the housing market. In addition, it is shown …
Persistent link: https://www.econbiz.de/10013321225
then used to explain the length of an individual unemployment spell. This flexible method of estimation accounts for both … censoring and selection bias, without constraining the shape of the hazard rate of leaving unemployment. Results from a 3 …,965 individuals French data set suggest that homeownership has a positive effect on unemployment duration …
Persistent link: https://www.econbiz.de/10014057601
This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …
Persistent link: https://www.econbiz.de/10011573469
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