Showing 1 - 4 of 4
.g., by reducing the threat of unemployment after management opposition or employer retaliation in response to a unionization …
Persistent link: https://www.econbiz.de/10014447309
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10012794650
record rise in long-term unemployment may yield a persistent residue of long-term unemployed workers with weak search … effectiveness. Second, conventional estimates suggest that the extension of Emergency Unemployment Compensation may have led to a … modest increase in unemployment. Despite these forces, we conclude that the problems facing the U.S. labor market are …
Persistent link: https://www.econbiz.de/10012462625
One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment … Unemployment," i.e., the extent to which increased unemployment during a recession arises from an increase in the number of … unemployment spells versus an increase in their duration. After broadly reviewing the previous literature, we replicate and extend …
Persistent link: https://www.econbiz.de/10012465803