Showing 1 - 10 of 33
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10012851339
We investigate the effect of social interactions on labor market outcomes using a direct measure of social contacts based on information about individuals’ three best friends and their characteristics. We examine the effect of the number of employed friends on the transition from...
Persistent link: https://www.econbiz.de/10013316135
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10012773812
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10012961076
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013051614
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10012994696
. 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/10013316070
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labor market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10013098341
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10012956895
measures such as monitoring and job search assistance for each period of unemployment in a dynamic environment with negative … should mainly be used at the beginning of unemployment and for short durations. However, contrary to existing schemes, they …
Persistent link: https://www.econbiz.de/10013149361