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Although it is a common theoretical assumption that the chances to find a job fall with time in unmeployment, this is not systematically confirmed by empirical evidence, and there is no evidence for developing countries.  We develop a farmework that allows us to test the four major explanations...
Persistent link: https://www.econbiz.de/10011004427
We study the role of preferences in the process of unemployment benefit determination. Perhaps surprisingly, survey … evidence for the UK suggests that both the employed and unemployed wish to see a more generous level of unemployment benefits. …
Persistent link: https://www.econbiz.de/10005090628
We present a simple model where unemployment benefits are determined in an economy in which there is endogenous delay … in finding a job so that workers desire insurance against the possibility of unemployment. …
Persistent link: https://www.econbiz.de/10005090680
Persistent link: https://www.econbiz.de/10005047838
Persistent link: https://www.econbiz.de/10005047867
non convex) production, where the natural rate of unemployment (NRU) emerges as the asymptotic value of unemployment … underemployment and unsold inventories can survive along the solution paths of our dynamics - the hallmark of the failure of Say's law …
Persistent link: https://www.econbiz.de/10011004404
This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up … enrolment decision that is capable of explaining these results in a unified manner. In this model, unemployment affects the …
Persistent link: https://www.econbiz.de/10010604918
unemployment benefits, the existence of Active Labour Market Policies, the change in labour demand, segmentation of the labour … market, and unemployment as a queuing phenomenon. We test each of these explanations and find that labour market segmentation …
Persistent link: https://www.econbiz.de/10010604938
on unemployment are examined. The model controls for macroeconomic shocks, and include the possibility of interactions …
Persistent link: https://www.econbiz.de/10010604969
, and in the growth of their labour forces. Whereas China - a labour-surplus economy par excellence despite unemployment … historically has been short of labour - is moving towards increased labour surplus in the form of open unemployment. The paper …
Persistent link: https://www.econbiz.de/10010604971