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unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic … equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and … reallocation unemployment. We document new evidence on unemployed workers’ gross occupational mobility and use it to calibrate the …
Persistent link: https://www.econbiz.de/10010877858
We present an overview of models of long-term self-enforcing labor contracts in which risk sharing is the dominant motive for contractual solutions. A base model is developed which is sufficiently general to encompass the two-agent problem central to most of the literature, including variable...
Persistent link: https://www.econbiz.de/10005766123
equilibrium model of wage dynamics and unemployment. The model is developed under the assumption of worker mobility, so that … Beaudry and DiNardo (1991). We solve for the dynamics of wages and unemployment, and show that real wages do not necessarily … to match actual unemployment and wage series. We also show that equal treatment follows in our model from the assumption …
Persistent link: https://www.econbiz.de/10005405841
downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …
Persistent link: https://www.econbiz.de/10010737510
respondents have approximately .2 to .4 more actual and expected number of children if they are self-employed as compared to if …
Persistent link: https://www.econbiz.de/10005181252
Using unique panel data, we compare cognitive performance and wagering behavior of children (10-11 years) with adults …
Persistent link: https://www.econbiz.de/10010736749
endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the … admissions for respiratory diseases among young children. …
Persistent link: https://www.econbiz.de/10011265260
situation as well as individual health and other risk factors. However, a fundamental opposition to reforms of the welfare state …
Persistent link: https://www.econbiz.de/10005013952
Using data from the Health Survey for England and the English Longitudinal Study on Ageing, we estimate the causal … effect of schooling on health. Identification comes from two nation wide increases in British compulsory school leaving age … exogenous variation in schooling by using biomarkers as measures of health outcomes in addition to self-reported measures. We …
Persistent link: https://www.econbiz.de/10008596598
decreases, and the two have different implications for human health. An alternative measure for net current biological …
Persistent link: https://www.econbiz.de/10010723525