wages. A one-point increase in the unemployment rate decreases wages of newly hired male workers by around 2.8% and by just …

To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …

the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

The U.S. labor market has been experiencing unprecedented high average unemployment duration. The shift in the … unemployment duration distribution can be traced back to the early nineties. In this study, censored quantile regression methods … are employed to analyze the changes in the US unemployment duration distribution. We explore the decomposition method …

sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). -- unemployment …

This paper examines the determinants of unemployment duration in a competing risks framework with two destination … states, namely, inactivity and employment. The major innovation is our recognition of defective risks. We first use a … unemployment. Although we do not reject the null of proportionality, abandoning the proportionality assumption does not materially …

50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …