Showing 1 - 10 of 112
been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has …
Persistent link: https://www.econbiz.de/10005144558
. 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
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10005136894
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not know where other workers apply to and firms do not know which candidates other firms consider. The first coordination friction affects network formation, while the second...
Persistent link: https://www.econbiz.de/10009201125
We analyse the determinants of unemployment persistence in four OECD countries byestimating a structural Bayesian VAR … with an informative prior based on an insiders/outsiders model. We explicitly insert unemployment ben- efits and labour …: demand shocks play a dominant role in explaining unemployment also in the medium-run. Moreover real wages have low …
Persistent link: https://www.econbiz.de/10005137103
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …
Persistent link: https://www.econbiz.de/10005209460
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10005144494
In this paper we study the allocation of workers over high and low productivity firms in a labor market with coordination frictions. Specifically, we consider a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase...
Persistent link: https://www.econbiz.de/10005042233
individuals starting a business after a period of long-term unemployment and those individuals with a lack of better employment …
Persistent link: https://www.econbiz.de/10005137385
the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch … about the effects of risk aversion on selection into entrepreneurship. …This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more …
Persistent link: https://www.econbiz.de/10009399735