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that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same …
Persistent link: https://www.econbiz.de/10010360089
margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …
Persistent link: https://www.econbiz.de/10011427677
establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …
Persistent link: https://www.econbiz.de/10011735900
This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...
Persistent link: https://www.econbiz.de/10011821431
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … Canada. An analysis of the recent dynamics of worker flows illustrating the practicality of our approach highlights that …
Persistent link: https://www.econbiz.de/10014461497
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …
Persistent link: https://www.econbiz.de/10011913254
Using administrative records data from the Spanish Social Security Administration, we analyse the nature and stability of job matches starting in two different years: during the economic boom in 2005, and during the recession in 2009. We compare the individual and job and firm characteristics in...
Persistent link: https://www.econbiz.de/10011407936
We present new evidence on how employment growth varies across firm types (size, productivity, and wage) and over the … business cycle using Danish data covering almost 30 years. We decompose net employment growth into two recruitment margins: net … hirings from/to employment (poaching) and net hirings from nonemployment. High-productivity firms are the most growing firms …
Persistent link: https://www.econbiz.de/10012290637
employment is a one-way street. -- job creation ; job destruction ; accessions ; separations ; matched worker-firm data …
Persistent link: https://www.econbiz.de/10003121121
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). Our analysis suggests that the British NRU has...
Persistent link: https://www.econbiz.de/10011313937