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what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany … reveals that there is a positive relationship between unemployment rates and start-up activities. Moreover, new business … disentangling periods of low and high unemployment we find that the effect of unemployment on new business formation is only …
Persistent link: https://www.econbiz.de/10011271986
rates of unemployment and the business cycle over the last decade. We develop the theoretical framework that predicts that … the individual perceptions of job insecurity depend on regional unemployment rates and on the within-group variance of … Monitoring Survey. Our results indicate that while higher rates of unemployment make workers feel less job secure, the wage …
Persistent link: https://www.econbiz.de/10011279337
in recessions by examining the movement of relative unemployment rates over the business cycle. Any conclusion drawn from … of unemployment are not examined. Using Current Population Survey data matched across adjacent months from 1989 to 2004 … the racial unemployment gap near the peak of the business cycle is driven by a reduction in the rate of job loss for …
Persistent link: https://www.econbiz.de/10005233932
We use detailed information on labor earnings and employment from social security records to document the evolution of earnings inequality in Spain from 1988 to 2010. Male earnings inequality was strongly countercyclical: it increased around the 1993 recession, showed a substantial decrease...
Persistent link: https://www.econbiz.de/10010555237
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10010812034
cycle component. We find significantly larger unemployment responses to economic shocks for low-skilled workers relative to …
Persistent link: https://www.econbiz.de/10008565184
average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment. …
Persistent link: https://www.econbiz.de/10005703339
. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10005763504
We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...
Persistent link: https://www.econbiz.de/10008514862
discriminate based on a year of entry to a firm, and develops an equilibrium model of wages and unemployment. We solve for the … dynamics of wages and unemployment under conditions of downward wage rigidity, where forward looking firms take into account …
Persistent link: https://www.econbiz.de/10004976896