Showing 1 - 10 of 324
The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory … implies that a firms separations outflow is the sum of an exogenous flow to unemployment and a job-to-job flow that decreases …
Persistent link: https://www.econbiz.de/10009612015
This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …
Persistent link: https://www.econbiz.de/10009582384
proposed in this article for modelling the U.K. unemployment. This enables us a better understanding of the low … fractional integration, may be a feasible way of modelling unemployment, also showing that its order of integration is much … erroneous results. -- long memory ; unemployment ; fractional integration …
Persistent link: https://www.econbiz.de/10009611544
This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …
Persistent link: https://www.econbiz.de/10009614880
stochastic dynamic general equilibrium model economy. Matching between workers and vacancies with endogenous time spent in search …
Persistent link: https://www.econbiz.de/10009614292
Persistent link: https://www.econbiz.de/10001917007
jobs in rough times separate analyses are carried out those who have entered the job directly from unemployment or non …
Persistent link: https://www.econbiz.de/10009580458
stochastic dynamic general equililbriurn model econorny. Matching between workers and vacancies with endogenous search intensity …
Persistent link: https://www.econbiz.de/10009580466
same employer. For some temporary employment leads to unemployment, particularly those with low human capital. Positioning …-tier labour market for temporary employment in Germany. -- mobility ; unemployment ; Fixed-term contracts ; dynamic wages …
Persistent link: https://www.econbiz.de/10009627289
In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural … shocks and assess their importance for unemployment by impulse response analysis and forecast error variance decompositions …
Persistent link: https://www.econbiz.de/10009613616