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Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2013

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

Persistent link: https://www.econbiz.de/10010291522

Why go to France or Germany, if you could as well go to the UK or the US?: selective features of immigration to four major OECD countries

Geis, Wido; Uebelmesser, Silke; Werding, Martin - 2008

Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...

Persistent link: https://www.econbiz.de/10010264459

How do migrants choose their destination country?: an analysis of institutional determinants

Geis, Wido; Uebelmesser, Silke; Werding, Martin - 2008

institutional determinants, especially labor-market institutions, on migrants' choices. Based on a large data set constructed from … immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage … and unemployment benefits have positive effects on migration. Also good education and health systems tend to attract …

Persistent link: https://www.econbiz.de/10010264522

Beyond the classroom: Using title IX to measure the return to high school sports

Stevenson, Betsey - 2010

Between 1972 and 1978 U.S. high schools rapidly increased their female athletic participation rates - to approximately the same level as their male athletic participation rates - in order to comply with Title IX, a policy change that provides a unique quasi-experiment in female athletic...

Persistent link: https://www.econbiz.de/10010266109

Do undergraduate majors or Ph.D. students affect faculty size?

Becker, William E.; Greene, William H.; Siegfried, John J. - 2010

economics degrees awarded at those institutions. Similarly, faculty size at colleges where a bachelor's is the highest degree …

Persistent link: https://www.econbiz.de/10010270507

The effects of monetary policy on unemployment dynamics under model uncertainty: evidence from the US and the Euro area

Altavilla, Carlo; Ciccarelli, Matteo - 2009

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian …

Persistent link: https://www.econbiz.de/10010264579

Sorting and the output loss due to search frictions

Gautier, Pieter A.; Teulings, Coen N. - 2011

. 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 and mismatch for the US is consistent with an unemployment …

Persistent link: https://www.econbiz.de/10010274790

Time variation in U.S. wage dynamics

Hofmann, Boris; Peersman, Gert; Straub, Roland - 2010

This paper explores time variation in the dynamic effects of technology shocks on U.S. output, prices, interest rates as well as real and nominal wages. The results indicate considerable time variation in U.S. wage dynamics that can be linked to the monetary policy regime. Before and after the...

Persistent link: https://www.econbiz.de/10010274983

Rhineland exit?

Bovenberg, Lans; Teulings, Coen N. - 2008

We argue in favor of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle about the ultimate goal of the company....

Persistent link: https://www.econbiz.de/10010276828

Persistence and cycles in US hours worked

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2012

This paper analyses monthly hours worked in the US over the sample period 1939m1 - 2011m10 using a cyclical long memory model; this is based on Gegenbauer processes and characterised by autocorrelations decaying to zero cyclically and at a hyperbolic rate along with a spectral density that is...

Persistent link: https://www.econbiz.de/10010281793