Showing 1 - 10 of 15
Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...
Persistent link: https://www.econbiz.de/10005150593
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10005451429
This paper analyzes the effect of unemployment insurance sanctions on the transition rate from unemployment to …­als who started collecting unemployment insurance in the Netherlands in 1992. To deal with the selectivity of the occurrence …
Persistent link: https://www.econbiz.de/10005451379
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10005150510
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10005451411
This paper investigates the degree in which the individual exit rate out of unemployment for young job seekers changes … as a function of the elapsed unemployment duration. We use a nonparametric estimation method that is designed to be …
Persistent link: https://www.econbiz.de/10005150485
becoming junior medical specialist. To deal with se-lectivity, we simultaneously model the transitions from unemployment to … trainee, from unemployment to medical assistant, from medical as-sistant to trainee and from medical assistant to unemployment …
Persistent link: https://www.econbiz.de/10005150613
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/10005451414
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/10005451529
unemployment and underemployment in Russia between 1994 and 1996. We examine four types of marginalised labour force participants … unemployment and underemployment, regardless of previous job type. Married females appear to have relatively long workless periods …. The amount of long-term unemployment amongst the jobless is large and growing over the sample period. …
Persistent link: https://www.econbiz.de/10005150515