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-marketsituation component, I find that the unemployment rate of immigrants would lie at 5.6 percentagepoints for zero native unemployment (the …In Germany, immigrant unemployment is not only higher than native unemployment; italso reacts more to changes in the … situation on the labor market. Decomposing the gapbetween native and immigrant unemployment into a baseline and a labor …
Persistent link: https://www.econbiz.de/10005013218
This paper investigates the age-dependency of participation and unemployment by integrating job search with … that the age pattern of search unemployment does not match observed unemployment and we propose a new concept of 'voluntary …' unemployment that agrees well with observations. …
Persistent link: https://www.econbiz.de/10005137335
to a one percentage point increase in the ratio of immigrants over native workers. While many studies in our sample …
Persistent link: https://www.econbiz.de/10005137039
market institutions. Countries are linked by tradein goods and non-cooperatively set unemployment benefits to maximize …. Additionally, we findthat the optimal level of unemployment benefits is independent from the level of unemploymentbenefits abroad … and that non-cooperatively set unemployment rates areinefficiently high. …
Persistent link: https://www.econbiz.de/10009220131
. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion for the US is consistent with an unemployment rate of 4 …
Persistent link: https://www.econbiz.de/10008838544
quantitatively underestimates the correlation of structural unemployment rates across countries. This mirrors the well-known finding … by Shimer (2005) by which thestandard search-and-matching model predicts too small fluctuations of unemployment rates …
Persistent link: https://www.econbiz.de/10010567085
In this note I argue that the desirability of fiscal policy in response to the current crisis depends on whether one views the current crisis as a temporary deviation from a unique equilibrium or as a bad equilibrium out of multiple equilibria. The paper presents a simple Diamond (1982) type of...
Persistent link: https://www.econbiz.de/10005209434
Concentration of immigrants and its associated externalities have become an important topic in contemporary … externalities created by the influx of immigrants. Second, it presents a stylized model in which human capital accumulation and …
Persistent link: https://www.econbiz.de/10005137380
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...
Persistent link: https://www.econbiz.de/10005144501
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10008513241