Showing 1 - 10 of 49
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/10009691688
in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … unemployment, low geographical mobility and high unemployment insurance, and one American steadystate featuring low unemployment …, high mobility and low unemployment insurance. …
Persistent link: https://www.econbiz.de/10011539071
consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market … dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or …
Persistent link: https://www.econbiz.de/10014444876
small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …
Persistent link: https://www.econbiz.de/10011409750
unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …
Persistent link: https://www.econbiz.de/10012219107
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013390926
unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …
Persistent link: https://www.econbiz.de/10012026458
measuring the additional time spent in unemployment before being hired in a new occupation. Furthermore, I inspect the wage … changes after reallocation and find that workers who change occupations through unemployment face wage losses. Interpreted … Arbeitslosigkeit heraus wechseln. Die Opportunitätskosten werden dabei durch die durchschnittliche Arbeitslosigkeitsdauer abgebildet …
Persistent link: https://www.econbiz.de/10011337033
steady-state unemployment dynamics. The reconsideration of German worker flows reveals that both the job finding rate and the … separation rate play an important role for German unemployment dynamics, but the job finding rate dominates in the long run …. -- Time aggregation ; worker flows ; job finding rate ; separation rate ; unemployment decomposition …
Persistent link: https://www.econbiz.de/10009529578
hinsichtlich des Qualifikationsniveaus differenziert betrachtete Stellung im Beruf vor der Arbeitslosigkeit bzw. Weiterbildung mit …-Regressionen). Erfolgsmaßstab ist im ersten Schritt die Vermeidung eines beruflichen Abstiegs bzw. von Arbeitslosigkeit. Die Analyse zeigt im … training which focuses on status mobility. We compare the occupational position before unemployment with the occupational …
Persistent link: https://www.econbiz.de/10009529579