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The relationship between unemployment benefit duration, unemployment duration and subsequent job duration is … be correlated with unemployment duration as well as accepted job duration. I examine two potential explanations for the … relationship between unemployment and job spell durations; UI benefits increase job matching quality vs unobserved heterogeneity. I …
Persistent link: https://www.econbiz.de/10001483256
unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs. …
Persistent link: https://www.econbiz.de/10001595480
In this paper, U.S. data on labor market histories of displaced workers are used to quantify the effect of Unemployment … Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of … unemployment durations. …
Persistent link: https://www.econbiz.de/10001597518
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unemployment and labour market exclusion. The main findings of the study are that low levels of education and working experience … unemployment and nonparticipation. There is also evidence of budget constraints that eventually lead to decreasing reservation … wages or increasing search intensity, as unemployment spells become very long. We discuss some policy implications of our …
Persistent link: https://www.econbiz.de/10001612817
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10001618002
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10001623736
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10001624311