Showing 1 - 4 of 4
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...
Persistent link: https://www.econbiz.de/10005703292
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
negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …
Persistent link: https://www.econbiz.de/10005762264
Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well …-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is … used to shed light on this issue; these data allow us to distinguish habituation to unemployment from sample selection. The …
Persistent link: https://www.econbiz.de/10005822665