Showing 1 - 9 of 9
facts. -- sorting ; unemployment ; business cycles ; search-matching ; vacancies …
Persistent link: https://www.econbiz.de/10009621815
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich … unemployed. Applying our prediction algorithm over the unemployment spell, we show that dynamic selection into LTU explains at …. Finally, we evaluate the implications of our findings for the value of targeting unemployment policies and how these change …
Persistent link: https://www.econbiz.de/10013547704
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
We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI …
Persistent link: https://www.econbiz.de/10014335034
We use a rich new body of data on the experiences of unemployed job-seekers to determine the sources of wage dispersion and to create a search model consistent with the acceptance decisions the job-seekers made. From the data and the model, we identify the distributions of four key variables:...
Persistent link: https://www.econbiz.de/10011388325
How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …
Persistent link: https://www.econbiz.de/10009536516
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 …
Persistent link: https://www.econbiz.de/10009125013
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
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