Showing 1 - 10 of 209
We measure the effect of unemployment benefit duration on employment. We exploit the variation induced by the decision … leads to a statistically significant increase of employment by 0.0161 log points. In levels, 1.8 million additional jobs …
Persistent link: https://www.econbiz.de/10011133502
. In particular, benefit extensions raise equilibrium wages and lead to a sharp contraction in vacancy creation, employment …
Persistent link: https://www.econbiz.de/10011133516
In this paper we analyze the relationship between turnover-driven growth and subjective wellbeing, using cross-sectional MSA level US data. We find that the effect of creative destruction on wellbeing is (i) unambiguously positive if we control for MSA-level unemployment, less so if we do not;...
Persistent link: https://www.econbiz.de/10011240563
We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and …
Persistent link: https://www.econbiz.de/10010796609
, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10005085408
This paper uses administrative data on quarterly employment and earnings matched to death records to estimate the …
Persistent link: https://www.econbiz.de/10005575062
employment dynamics are characterized by two dimensional inaction sets. Finally, to understand the effect of these contracts, we …
Persistent link: https://www.econbiz.de/10005710122
The extensive empirical macro- and micro-level evidence on the impact of job security provisions is largely inconclusive. We argue that the weak evidence is a consequence of the weak power of statistics used, which is suggested by a dynamic theory of plant-level labor demand that we develop....
Persistent link: https://www.econbiz.de/10005248820
In this paper I explore optimal employment contract design in a random search framework, where workers search on and … off the job for employment opportunities similar to that of Lentz (2010) and Bagger and Lentz (2013). The worker … determines the frequency by which employment opportunities arrive through a costly choice of search intensity, which is …
Persistent link: https://www.econbiz.de/10010796538
This paper studies wage dispersion in an equilibrium on-the-job-search model with endogenous search intensity. Workers differ in their permanent skill level and firms differ with respect to productivity. Positive (negative) sorting results if the match production function is supermodular...
Persistent link: https://www.econbiz.de/10010796739