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Combining micro and macro unemployment duration data

Berg, Gerard J. van den; Klaauw, Bas van der - 2000

We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …

Persistent link: https://www.econbiz.de/10001460507

How do layoff costs affect employment?

Ljungqvist, Lars - 2001

General equilibrium analyses of layoff costs have had mixed messages on the implications for employment. This paper brings out the economic forces at work and explains the disparate results. Specifically, we show that positive employment effects of layoff costs come through reducing labor...