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We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the total inflow into unemployment. We estimate the...
Persistent link: https://www.econbiz.de/10011256433
vacancies post the same wage. When a= 1, the common posted wage lies between the competitive and monopsony levels, and … equilibrium is efficient. When a > 1, all vacancies post the monopsony wage. Some workers fail to find a job, some find a job at … the monopsony wage, and some—those for whom there is competition—get the competitive wage. Equilibrium is inefficient when …
Persistent link: https://www.econbiz.de/10011249546
Randomized experiments provide policy relevant treatment effects if there areno spillovers between participants and nonparticipants. We show that thisassumption is violated for a Danish activation program for unemployed workers.Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011257389
remainder dueto unobservables. Our decompositions show that the majority of the genderlog wage gap is due to differences between … across the wage distribution, particularly in the top half of thedistribution. …
Persistent link: https://www.econbiz.de/10011257638
. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …
Persistent link: https://www.econbiz.de/10011255962