Showing 1 - 10 of 293
signals. The University of Michigan Social Media Job Loss Index tracks initial claims for unemployment insurance at medium and …
Persistent link: https://www.econbiz.de/10010951238
supports hysteresis theories in which short-run changes in unemployment influence the natural rate. …This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the … determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural …
Persistent link: https://www.econbiz.de/10009226779
Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid … parameter in search and matching models of unemployment. According to these models, a lower intensity of idiosyncratic shocks … produces less job destruction, fewer workers flowing through the unemployment pool and less frictional unemployment. To …
Persistent link: https://www.econbiz.de/10005088641
Early studies of business cycles argued that contractions in economic activity were briefer (shorter) and more violent (rapid) than expansions. This paper systematically investigates this claim and in the process discovers a robust new business cycle fact: expansions and contractions in output...
Persistent link: https://www.econbiz.de/10005050460
We present evidence that shocks to household consumption growth are negatively skewed, persistent, countercyclical, and play a major role in driving asset prices. We construct a parsimonious model where heterogeneous households have recursive preferences and a single state variable drives the...
Persistent link: https://www.econbiz.de/10010951334
despite substantial volatility of the unemployment rate, and in particular the common tendency of PC inflation equations to … the natural rate of unemployment (or NAIRU), and thus the Fed is steering the economy in a fog with no navigational device … to determine the size of the unemployment gap, one of the two primary goals of its "dual mandate." The results of this …
Persistent link: https://www.econbiz.de/10010951448
result of lingering slackness in the labor market in the form of abnormal unemployment and substandard weekly hours of work …
Persistent link: https://www.econbiz.de/10011271437
worker' effect. Unlike past added worker effect studies which focus on the effect of the husband's current unemployment …
Persistent link: https://www.econbiz.de/10005248925
Over the last 10 years, a variety of analysts have blamed high unemployment and stagnant economic growth in Europe on …
Persistent link: https://www.econbiz.de/10005084605
Looking at the personnel records of workers in a large company, where detailed reasons for worker departure are recorded, I find striking differences in the exit patterns between men and women. As is well known, a higher proportion of women leave for a variety of non-market reasons. Further,...
Persistent link: https://www.econbiz.de/10005710861