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equivalent workers fall sharply as unemployment duration progresses. We use the model to quantitatively assess the consequences … decline in callbacks. Interviews lost to duration impact individual job-finding rates solely if they would have led to jobs …. Discrimination in callbacks is thus largely a response to dynamic selection, with limited consequences for structural duration …
Persistent link: https://www.econbiz.de/10012453513
, when a Brownian motion with drift hits a barrier. This implies that the duration of each worker's jobless spells has an … prove that the distribution of these parameters is identified from the duration of two spells. We use social security data … for Austrian workers to estimate the model. We conclude that dynamic selection is a critical source of duration dependence …
Persistent link: https://www.econbiz.de/10012456487
We explore the extent to which composition, duration dependence, and labor force non-participation can account for the … model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E … observed outward shift in the Beveridge curve between 2008 and 2013. Both negative duration dependence in the job-finding rate …
Persistent link: https://www.econbiz.de/10012458392
In this paper we estimate the size of weekend effects for seven emotions and then explore their main determinants for the working population in the United States, using the Gallup/Healthways US Daily Poll 2008-2012. We first find that weekend effects exist for all emotions, and that these...
Persistent link: https://www.econbiz.de/10012457294
Military spending, fatalities, and the destruction of capital, all of which are immediately felt and are often large, are the most overt costs of war. They are also relatively short-lived. The costs of war borne by combatants and their caretakers, which includes families, communities, and the...
Persistent link: https://www.econbiz.de/10012462548
This study estimates the effect of deployment location and length on the risk of developing PTSD, relative to what it would be from the normal military operations. We use a random sample of activity-duty enlisted personnel serving between 2001 and 2006. We identify PTSD cases from TRICARE...
Persistent link: https://www.econbiz.de/10012463446
U.S. companies are often criticized for being overly short-term oriented. This paper documents that those criticisms have a long history, going back at least thirty-five years. The paper then considers the implications of sustained short-termism for corporate profits, venture capital investments...
Persistent link: https://www.econbiz.de/10012455217
This paper documents that the time required to initiate and complete a home foreclosure rose from about 9 months on average prior to the Great Recession to an average of 15 months during the Great Recession and afterward. We refer to these changes as foreclosure delay. We also document that many...
Persistent link: https://www.econbiz.de/10012457137
unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …
Persistent link: https://www.econbiz.de/10012459613
While formal mentorship programs are ubiquitous, less is known about who gains from receiving mentorship. In this paper, we report the outcome of a Randomized Controlled Trial (RCT) carried out in a US-based inbound sales call center where one branch of the experiment assigned a random subset of...
Persistent link: https://www.econbiz.de/10012616596