Showing 1 - 10 of 66
time of the event, we find significant lag and lead effects. We cannot reject the hypothesis of complete adaptation to … marriage, divorce, widowhood, birth of child, and layoff. However, there is little evidence of adaptation to unemployment. Men … of anticipation and adaptation are remarkably similar by sex. …
Persistent link: https://www.econbiz.de/10010745154
We look for evidence of adaptation in wellbeing to major life events using eighteen waves of British panel data …. Adaptation to marriage, divorce, birth of child and widowhood appears to be rapid and complete; this is not so for unemployment … phenomenon of adaptation may be a general one, rather than being found only in German data or using single-item wellbeing …
Persistent link: https://www.econbiz.de/10011126217
We analyse self-reported measures of satisfaction with life in a transition country, Kyrgyzstan, using 1993 household survey data. We test whether higher levels of satisfaction are associated with greater economic well-being. This hypothesis is strongly supported by the data. Unhappiness is...
Persistent link: https://www.econbiz.de/10010744878
The construction industry is important for Chinese rural to urban migrants. Over 90% of urban construction workers are rural migrants, and over a third of all rural migrants work in construction. The construction industry is not only particularly important, but is also different from other...
Persistent link: https://www.econbiz.de/10011126068
This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal...
Persistent link: https://www.econbiz.de/10011071107
Shimer (2005a) claims that the Mortensen-Pissarides search model of unemployment lacks an ampiflication mechanism because it cannot generate the observed business cycle fluctuations in unemployment given labor productivity shocks of plausible magnitude. This paper argues that part of the problem...
Persistent link: https://www.econbiz.de/10010884680
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function are consistent with previous work in this field, but...
Persistent link: https://www.econbiz.de/10010928750
This paper is about the labour market consequences of creative destruction with on-the-job search. We consider a matching model in an economy with embodied technological progress and show that its dynamics are profoundly affected by allowing on-the-job search. We obtain that the elasticity of...
Persistent link: https://www.econbiz.de/10010744813
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern underlying theory is the search and matching model, with...
Persistent link: https://www.econbiz.de/10010744873
Non-union direct voice has replaced union representative voice as the primary avenue for employee voice in the British private sector. This paper provides a framework for examining the relationship between employee voice and workplace outcomes that explains this development. As exit-voice theory...
Persistent link: https://www.econbiz.de/10010744935