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little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration … differences in labor mobility and reallocation costs, which are typically ignored in American "International Trade" textbooks … human capital investments: they are not independent of the aggregate state of labor markets, and in particular, frictions …
Persistent link: https://www.econbiz.de/10011412475
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
Persistent link: https://www.econbiz.de/10012050765
analyzes its causes related to labor demand. The main objective is to explore and quantify the extent to which higher education …
Persistent link: https://www.econbiz.de/10011427813
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in … Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor … risk of unemployment two years after the treatment. However, the effects are heterogeneous as to gender, age, education …
Persistent link: https://www.econbiz.de/10013414731
This paper examines the role of labor market frictions and moving costs in explaining the migration behavior of US … estimate a dynamic model of individual labor supply and migration decisions. The model incorporates a reduced-form search model … and allows for migration for non-market reasons. My estimates show that moving costs are substantial and that labor market …
Persistent link: https://www.econbiz.de/10011978361
In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models …
Persistent link: https://www.econbiz.de/10010417964
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates …
Persistent link: https://www.econbiz.de/10011951559
This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment … over the past 25 years are due predominantly to movements in the underlying empirical “natural rate of unemployment” (NRU … unemployment are due, instead, to very prolonged after-effects of persistent (transitory but long-lasting) shocks. We argue that (a …
Persistent link: https://www.econbiz.de/10011313937
population has an intermediate size because there are too few social interactions compared to the social optimum. Finally, even …
Persistent link: https://www.econbiz.de/10010238209