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We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012232672
This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …
Persistent link: https://www.econbiz.de/10011580821
margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …
Persistent link: https://www.econbiz.de/10011427677
temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis. …
Persistent link: https://www.econbiz.de/10011308511
In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …
Persistent link: https://www.econbiz.de/10010417964
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …
Persistent link: https://www.econbiz.de/10009613676
In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...
Persistent link: https://www.econbiz.de/10011414121
unemployment rate at labor market entry for each birth cohort and state-of-birth cell based on average state migration rates and …
Persistent link: https://www.econbiz.de/10011946849
of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011821431