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, this transformation took place within just a few years. Until the mid-2000s job opportunities were scarce and unemployment … was high. But since then labor demand has picked up and unemployment has dropped substantially. In contrast to the earlier …
Persistent link: https://www.econbiz.de/10005822263
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10011094076
while their risk of becoming unemployed was lower. In particular in eastern Germany, joining firms that were older than six …
Persistent link: https://www.econbiz.de/10005763862
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10009650605
individual-level data for West Germany for the period 1983 to 1994, this paper explores both the demographic heterogeneity of … German unemployment in the long term, and the cyclical sensitivity of the unemployment experience across demographic groups …. The analysis moves beyond that of unemployment rates to a detailed investigation of transition rates from employment to …
Persistent link: https://www.econbiz.de/10005763473
monthly employment and unemployment rates and the monthly transition intensities between the states of employment …, unemployment, and out-of-the-labor-force for the German labor market between January/February 1983 and November/ December 1994. The …
Persistent link: https://www.econbiz.de/10005700991
unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …
Persistent link: https://www.econbiz.de/10008765235
Italy's labour market suffers from a serious pathology, in addition to the increasing precariousness of the young workforce common to all EU member countries: flows from regular employment to non-employment are very often dead-ends. A vast number of young individuals who lose their job only a...
Persistent link: https://www.econbiz.de/10010884397
This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept unskilled jobs and continue to search for skilled jobs....
Persistent link: https://www.econbiz.de/10005233848
negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …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 …
Persistent link: https://www.econbiz.de/10010812034