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unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new …/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share …
Persistent link: https://www.econbiz.de/10011119819
Search theory routinely assumes that decisions about the acceptance/rejection of job offers (and, hence, about labor market movements between jobs or across employment states) are made by individuals acting in isolation. In reality, the vast majority of workers are somewhat tied to their...
Persistent link: https://www.econbiz.de/10004991934
Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …
Persistent link: https://www.econbiz.de/10005778040
Persistent link: https://www.econbiz.de/10012664879
Heathcote et al. (2010) conducted an empirical analysis of several dimensions of inequality in the United States over the years 1967-2006, using publicly-available survey data. This paper expands the analysis, and extends it to 2021. We find that since the early 2000s, the college wage premium...
Persistent link: https://www.econbiz.de/10014322873
unemployment forecast was estimated. For unemployed without such a forecast, the effect is much smaller. The paper also shows that …
Persistent link: https://www.econbiz.de/10009739164
Can different social groups develop different demands for social insurance of risks to health and work? We study this issue across language groups in Switzerland. Language defines social groups and Swiss language groups are separated by a clear geographic border. Actual levels of social...
Persistent link: https://www.econbiz.de/10009739422
unemployment. In the optimal welfare program, assisted search is implemented between an initial spell of private search … (unemployment insurance) and a final spell of pure income support where search effort is not elicited. To be effective, job …
Persistent link: https://www.econbiz.de/10010950714
This paper provides a comprehensive evaluation of benefit sanctions, i.e. temporary reductions in unemployment benefits … as punishment for noncompliance with eligibility requirements. In addition to the effects on unemployment durations, we … evaluate the effects on post-unemployment employment stability, on exits from the labor market and on earnings. In our analysis …
Persistent link: https://www.econbiz.de/10008496459
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …
Persistent link: https://www.econbiz.de/10005048552