Showing 1 - 10 of 65
country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …
Persistent link: https://www.econbiz.de/10008490045
country has experienced since the Great Depression. In this paper we decompose the changes in the unemployment rate by … examining worker ows into and out of unemployment during the last four recessions in the United States with a special focus on … contributions to the aggregate unemployment rate changes, we attempt to evaluate the relative importance of cyclical and structural …
Persistent link: https://www.econbiz.de/10010567957
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...
Persistent link: https://www.econbiz.de/10009195630
We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...
Persistent link: https://www.econbiz.de/10010896114
This paper is based on recently collected and rich survey data of a representative sample of entrants into unemployment …
Persistent link: https://www.econbiz.de/10008512972
This paper investigates the impact of unemployment on the propensity to start a family. Unemployment is accompanied by … analyze unemployment at the intersection of state-dependence and the reduced opportunity costs of parenthood, distinguishing … UK (1994-2001). The results highlight spurious negative effects of unemployment on family formation among men, which can …
Persistent link: https://www.econbiz.de/10005068723
This paper contributes to the policy-relevant question whether self-employment is a way out of (long-term) unemployment …. We estimate the relationship between the entry rate into self-employment and previous (long-term) unemployment on the … measurement errors induced by the pseudo panel structure. We find that previous (long-term) unemployment significantly increases …
Persistent link: https://www.econbiz.de/10005069100
We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...
Persistent link: https://www.econbiz.de/10005069151
survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …
Persistent link: https://www.econbiz.de/10008765849
natives and second generation migrants. We analyze an inflow sample into unemployment in Germany, and find differences between … employment probability about two months after unemployment entry. We observe a significantly lower employment probability for …
Persistent link: https://www.econbiz.de/10008765852