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Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10003769583
Using an unusually rich matched employer-employee-job title data set for Portugal, this paper evaluates the sources of wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and after displacement. Potential wage losses of displaced...
Persistent link: https://www.econbiz.de/10011307887
wages. A one-point increase in the unemployment rate decreases wages of newly hired male workers by around 2.8% and by just …
Persistent link: https://www.econbiz.de/10003845984
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 …
Persistent link: https://www.econbiz.de/10011869049
the closing of existing firms, to the dramatic decline of total employment and increase of the unemployment rate. We also …
Persistent link: https://www.econbiz.de/10010199018
Persistent link: https://www.econbiz.de/10014512220
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 …
Persistent link: https://www.econbiz.de/10010246658
have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. -- Unemployment … ; job search ; time use ; unemployment benefits ; inequality …
Persistent link: https://www.econbiz.de/10003716529
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 …
Persistent link: https://www.econbiz.de/10003752850
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 …
Persistent link: https://www.econbiz.de/10003335456