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We investigate why we observe non-negative duration dependence among young unemployed men in urban Ethiopia. Assuming … that genuine duration dependence is negative, there are five explanations for a non-decreasing hazard: the presence of … unemployment benefits, the existence of Active Labour Market Policies, the change in labour demand, segmentation of the labour …
Persistent link: https://www.econbiz.de/10005556022
both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … model fails to replicate this dynamic pattern due to the rapid responses of vacancies. We extend the model by introducing a … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …
Persistent link: https://www.econbiz.de/10005561342
incidence and duration and find that most variables have the same effect on both. Unemployment is concentrated among relatively … well-educated first time job seekers who come from the middle classes. Mean duration of unemployment is close to four years … Addis are less likely to become unemployed, and ethnicity has no effect. We find that both the incidence and duration of …
Persistent link: https://www.econbiz.de/10005556068
the duration of unemployment spells. The data basis used in this study is the German Socio-Economic- Panel (GSOEP) for … measures. Our main results show that training does have a significant short term effect of reducing unemploy-ment duration but …We estimate a semiparametric single-risk discrete-time duration model to assess the effect of vocational training on …
Persistent link: https://www.econbiz.de/10005407961
variables This is accomplished by using a model that transforms the duration such that for the population parameters, this … transformed duration is independent of the instrument. The estimator is used to re-analyse data from the Illinois reemploymnet …
Persistent link: https://www.econbiz.de/10005062568
extended unemployment benefits. Using a competing risk duration model, this paper measures the size of the entitlement effect …Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate … job hazard, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number …
Persistent link: https://www.econbiz.de/10005125718
being either in regular employment or registered unemployment. Our findings therefore do not lend support to the stepping …
Persistent link: https://www.econbiz.de/10005125736
measures the effect of the UI financing system on the duration of unemployment. Using duration data is essential since tax … charges to the firm vary over the duration of unemployment spells. Empirical results based on data with various sources of … variation suggest that higher layoff tax costs shorten the duration of recall unemployment. …
Persistent link: https://www.econbiz.de/10005125768
The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … have more entitlements, waiting in unemployment for a good job is not one of them. We carry out two separate analyses to … no added worker effect. This suggests that households have other ways to cope with unemployment and is consistent with …
Persistent link: https://www.econbiz.de/10005407638
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069