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Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows.The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10010265775
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10010282440
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10010287431
hire much more workers from unemployment than large firms, and that they do so at the very beginning of an economic …. Transitions from unemployment to employment at large firms are generally found to be more (pro-)cyclical. However, this stylised …
Persistent link: https://www.econbiz.de/10011916605
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10009650605
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10010533916
Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011873447
Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011722810
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
Persistent link: https://www.econbiz.de/10010265772
increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to …
Persistent link: https://www.econbiz.de/10012133371