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at first-time homeownership using the French Housing Survey. We use a pseudo-panel approach that takes into account the … before first-time homeownership, and take into account unobserved heterogeneity. Our results indicate that a spell in public … housing increases the hazard to homeownership, supporting the idea that, in France, the public housing policy provides an …
Persistent link: https://www.econbiz.de/10010732220
decline in the unemployment rate can be attributed to the increase in the labor force, while the number of job seekers remains …, which lowers the markup by 3 percentage points, results in a fall in the unemployment rate by 0.1 and 0.05 percentage point …
Persistent link: https://www.econbiz.de/10009004178
telephone survey targeted at those leaving the unemployment registers; this enriched data source has a balanced and much higher …
Persistent link: https://www.econbiz.de/10010738743
This article aims to establish a link between the unemployment duration and the inter vivos transfers received by the … on the receiver's unemployment duration. Ultimately, a recursion arises and leads to a simulteanous determination of the … transfer and the duration. The model aims to apprehend the job search behaviour in a context where the unemployment …
Persistent link: https://www.econbiz.de/10009322916
In this paper, we study the optimal unemployment benefits financing scheme when the economy is subject to labor market … imperfections characterized by real wage rigidities and search frictions. The US unemployment insurance financing is such that firms … are taxed proportionately to their layoffs to finance unemployment benefits. Using DSGE methodology, we investigate how …
Persistent link: https://www.econbiz.de/10010899923
While many countries have implemented various incentives to promote homeownership, this paper investigates the …
Persistent link: https://www.econbiz.de/10008793126
actions taken by job boards. In contrast to Great Britain, France more frequently uses matching markers aimed at selecting …
Persistent link: https://www.econbiz.de/10010821085
Individual labor earnings observed in worker panel data have complex, highly persistent dynamics. We investigate the capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics, such as the covariance structure of earnings, the...
Persistent link: https://www.econbiz.de/10010738852
A common finding of the optimal unemployment insurance literature is that the optimal UI replacement rate is around 50 … unemployment benefits are the only government spending activity. In this paper I show that recommendations for optimal UI levels …
Persistent link: https://www.econbiz.de/10010933807
In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that these mean differences mask substantial heterogeneity along the distribution of workers' skill. In particular, they...
Persistent link: https://www.econbiz.de/10010933808