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Creative destruction with on-the-job search

Michau, Jean-Baptiste - London School of Economics (LSE) - 2007

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

Persistent link: https://www.econbiz.de/10010744813

Productivity growth and employment: theory and panel estimates

Pissarides, Christopher; Vallanti, Giovanna - London School of Economics (LSE) - 2004

change in unemployment. We evaluate the model and find that creative destruction plays no part in aggregate unemployment … dynamics. The model can explain up to half of the estimated impact of growth on unemployment. …

Persistent link: https://www.econbiz.de/10010928604

You can't always get what you want: the impact of the jobseeker's allowance

Manning, Alan - London School of Economics (LSE) - 2005

In 1996 the UK made major changes to its welfare system for the support of the unemployed with the introduction of the Jobseeker’s Allowance. This tightened the work search requirements needed for eligibility for benefit. It resulted in large flows out of claimant status, but, this paper...

Persistent link: https://www.econbiz.de/10010745427

Can labour supply explain the rise in unemployment and intergroup wage inequality in the OECD?

Wasmer, E. - London School of Economics (LSE) - 1998

. Disaggregation by gender is necessary. Endogeneity of participation levels with respect to unemployment is treated in two ways, by … unemployment cannot be rejected. …

Persistent link: https://www.econbiz.de/10010744859