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establishment growth, vacancy filling and entry wages, we calibrate a model with directed search and ex-ante heterogeneous workers … response of vacancy filling to firm-level wages. We discuss the implications of this finding as well as potential resolutions. …
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This paper studies how changes in the two key parameters of unemployment insurance the benefit replacement rate (RR) and the potential duration of benefits (PBD) affect the duration of unemployment. In 1989, the Austrian government made unemployment insurance more generous by changing,...
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