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and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage …This paper surveys recent work in equilibrium models of labor markets characterized by search and recruitment frictions … policies on wages and unemployment. …
Persistent link: https://www.econbiz.de/10005497772
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding … underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10005504624
This paper investigates how precisely short-term, job-search oriented training programs as opposed to long-term, human … unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the …
Persistent link: https://www.econbiz.de/10009742611
-western immigrants in Denmark who receive social assistance. We use the timing-of-events duration model and rich administrative data. We … other programmes. Effects are larger if programmes begin after six months of unemployment. Implications of our estimates are … illustrated by calculating effects on the duration to regular employment over a five-year period. …
Persistent link: https://www.econbiz.de/10009786187
The introduction of unemployment insurance savings accounts (UISA) in Chile in October 2002 introduced more … comprehensive unemployment protection while decreasing the opportunity costs of job change. Being the first to empirically … investigate the effect of UISA on employment duration, this paper examines (i) whether the introduction of UISA affected …
Persistent link: https://www.econbiz.de/10010222287
This paper examines the relation between individual unemployment durations and incidence on the one hand, and the time … aggregate unemployment duration data, in which we allow for unobserved heterogeneity and correlated measurement errors. We do … currently unemployed. We also allow for the composition of the inflow into unemployment to depend on calendar time at the moment …
Persistent link: https://www.econbiz.de/10005123747
This paper considers estimation of a pure equilibrium search model in which all heterogeneity is endogenous and due to …
Persistent link: https://www.econbiz.de/10005027326
We propose a new econometric estimation method for analysing the probability of leaving un-employment using uncompleted … unemployment between the 1980s and 1990s during a period of labour market reform. We find that the relative probability of leaving … unemployment of the short-term unemployed versus the long-term unemployed becomes significantly higher in the 1990s. …
Persistent link: https://www.econbiz.de/10005504490
, rural–urban immigration and on-the-job search, and unemployment changes in China. We used non-linear estimation and the …In the traditional labor supply–demand approach, unemployment usually results from a lack of labor demand or excess of … labor supply. However, in urban China, unemployment coexists with a conflicting phenomenon, shortage of workers in firms. In …
Persistent link: https://www.econbiz.de/10010608698
exposed to an endogeneity bias, which arises from the search behavior of agents on either side of the market. We offer an …
Persistent link: https://www.econbiz.de/10010662813