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workers and on their exit rate from unemployment. For that purpose, we specify a structural search model with fixed and … offer arrival rate on the structural exit rate from unemployment is ambiguous, we estimate this model using individual … unemployment duration data. Our results show that the exit rate from unemployment increases with the arrival rate of job contacts …
Persistent link: https://www.econbiz.de/10005703702
. 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
using the micro-data, this paper shows that this state of non-searching unemployment or discouragement has increased more … some of the jobless with considerable movements between the two categories of unemployment. These findings from the first … unemployment, which includes discouraged workers. In response to these labour market challenges, the government should further …
Persistent link: https://www.econbiz.de/10009371917
Standard search theory assumes that individuals know, with certainty, how they compare to competing searchers in terms of ability. In contrast, we hypothesize that searchers are uncertain about relative ability, with important implications for search behavior. We test our hypotheses in a...
Persistent link: https://www.econbiz.de/10005762322
This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …
Persistent link: https://www.econbiz.de/10009646283
This study examines individuals’ unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals’ unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10005763923
Diamond (1994) that an individual’s probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10005703013
This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...
Persistent link: https://www.econbiz.de/10010575480
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10008611305
model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …
Persistent link: https://www.econbiz.de/10005566739