Similar Search Results

Mankart, Jochen; Oikonomou, Rigas - 2016

We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...

Persistent link: https://www.econbiz.de/10011456513

Going the extra mile : effort by workers and job-seekers

Hertweck, Matthias S.; Lewis, Vivien; Villa, Stefania - 2019

We introduce two types of effort into an otherwise standard labor search model to examine indeterminacy and sunspot equilibria. Variable labor effort gives rise to increasing returns to hours in production. This makes workers more valuable and contributes to self-fulfilling profit expectations,...

Persistent link: https://www.econbiz.de/10012062385

The effects of productivity and benefits on unemployment : breaking the link

Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

Persistent link: https://www.econbiz.de/10012111816

Firm closures and labor market policies in Europe : evidence from retrospective longitudinal data

Theodoropoulos, Nikolaos; Voucharas, Georgios - 2023

-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use … unemployment, but not in terms of wages, compared to males. Policymakers may consider the importance of implementing diverse …

Persistent link: https://www.econbiz.de/10014289907

Household search and the aggregate labor market

Mankart, Jochen; Oikonomou, Rigas - 2015

two members. Households face unemployment risks but their members adjust their labor supplies to insure against … unemployment. We use the model to explain the cyclical properties of aggregate employment and participation. As in the US data, the … household against unemployment risks. …