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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
proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …
Persistent link: https://www.econbiz.de/10001595501
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
for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10001624309
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 …
Persistent link: https://www.econbiz.de/10001624324
Even when international product market integration is taking place between fairly similar countries with low labour mobility, it may have important effects for labour markets by increasing the mobility of jobs. This creates both opportunities through exports and threats from imports. Is there...
Persistent link: https://www.econbiz.de/10001604047
This study examines individuals' unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals' unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10001635460
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10001635464
distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …
Persistent link: https://www.econbiz.de/10001635474
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10001510630