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
This paper develops a search-and-matching model that incorporates temporary unemployment and applies the model to study … the unemployed. We then use the model to project the path of unemployment over the next 18 months. Under a range of … distinguish between temporary and permanent unemployment and compared to professional and academic forecasts. We find that in …
Persistent link: https://www.econbiz.de/10012482144
sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional … shifts in demographics, occupation, industry, region, and the reason for unemployment jointly account for very little of the … model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …
Persistent link: https://www.econbiz.de/10012458392