Showing 1 - 10 of 495
workers and on their exit rate from unemployment. For that purpose, we specify a structural search model with fixed and … contact arrival rate on the structural exit rate from unemployment is ambiguous, we estimate this model using individual … unemployment duration data. Our results show that the exit rate from unemployment increases with the arrival rate of job contacts …
Persistent link: https://www.econbiz.de/10005666474
has a core-periphery structure. In each model, we explore the labour market outcomes (job creation, unemployment and wages …
Persistent link: https://www.econbiz.de/10005791188
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10008611008
Early studies of business cycles argued that contractions in economic activity were briefer (shorter) and more violent (rapid) than expansions. This paper systematically investigates this claim and in the process discovers a robust new business cycle fact: expansions and contractions in output...
Persistent link: https://www.econbiz.de/10005114328
of unemployment and vacancies to negative shocks to the aggregate productivity of labor. …
Persistent link: https://www.econbiz.de/10005114426
A search-theoretic general equilibrium model of frictional unemployment is shown to be consistent with some of the key … regularities of unemployment over the business cycle. In the model the return to a job moves stochastically. Agents can choose … unemployment. …
Persistent link: https://www.econbiz.de/10005666661
model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …
Persistent link: https://www.econbiz.de/10005667015
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
This Paper presents new evidence on the determinants of unemployment duration for men and women in Britain in the 1990s … the probability of unemployment spells ending with moves into full and part-time employment, self-employment and economic … inactivity. The data show that the median duration of unemployment spells among men, at 5 months, is almost double that for women …
Persistent link: https://www.econbiz.de/10005123953
overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10008611007