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 …

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 …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …. -- reservation wages ; unemployment duration ; control function …

duration is associated with substantially higher quarterly rates of job finding in the range 53 to 106 percent. -- Unemployment … benefits ; unemployment duration ; job search …

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 …