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pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …
Persistent link: https://www.econbiz.de/10011333255
by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …
Persistent link: https://www.econbiz.de/10011326411
device to a graphical representation of full employment to an axiom necessary for matching models of unemployment. This …
Persistent link: https://www.econbiz.de/10011373832
in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … operational for this purpose duration models which model of the outflow process of unemployment with a Weibull function are taken … principle to make a measure of the elasticity of response between unemployment benefit and duration of unemployment. It enables …
Persistent link: https://www.econbiz.de/10011337991
The establishment of appropriate policy measures for fighting unemployment has always been difficult since causes of … unemployment are hard to identify. This paper analyses an approach used mainly in the 1960s and 1970s in economics, in which … classification is used as a way to deal with such a complex, multiple causal phenomenon like unemployment. The method is based on …
Persistent link: https://www.econbiz.de/10011337994
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We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous variable. Wage level, monitoring intensity and consequently the desired enforceable effort level are jointly determined by the maximization problem of the firm. As a result,...
Persistent link: https://www.econbiz.de/10011349705