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Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10013164115
Official statistics indicated a break in Okun's law in all the Spanish regions due to the COVID-19 pandemic; however, herein, evidence of the validity of the law is shown. The temporary layoff procedures (ERTE) allowed many workers to maintain their jobs. From the productive point of view, the...
Persistent link: https://www.econbiz.de/10013461322
EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …
Persistent link: https://www.econbiz.de/10012310881
quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …
Persistent link: https://www.econbiz.de/10012111816
The present research provides evidence on the determinants driving the differences in the unemployment …-output relationship in Spanish regions. We followed a two-step approach. First, we estimated a set of time-varying Okun’s coefficients … important changes over time. At the second step, we estimated FMOLS and DOLS models to explain regional differences in Okun …
Persistent link: https://www.econbiz.de/10012129903
duration dependence in Germany, with a particular emphasis on company and vacancy characteristics as potential determinants …. The experiment reveals that duration dependence manifests itself in a sharp decline of 26% to 35% in callbacks when an … individual has been unemployed for 10 months, pointing to the existence of an unemployment stigma for Germany. The results are …
Persistent link: https://www.econbiz.de/10012114623
Recent evidence from large-scale field experiments has shown that employers use job candidates’ unemployment duration … duration of unemployment on hiring intentions is mediated by the four theories. The lower hiring chances of the long … unemployment durations. In addition, these participants rate the job candidates on statements central to four theoretical …
Persistent link: https://www.econbiz.de/10012119516
-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use … and the re-employment duration, reduces the risk of staying unemployed, and leads to higher wages at the lower end of the … from active labor market policies in terms of re-employment probability, duration of re-employment, and risk of …
Persistent link: https://www.econbiz.de/10014289907
The COVID-19 pandemic and the ensuing economic and technological adjustment increased the risk of unemployment …, underemployment and skills mismatch across Europe. These increased risks highlighted the importance of national unemployment benefit … schemes for income security. This article examines the role of industrial relations in shaping unemployment benefit regimes in …
Persistent link: https://www.econbiz.de/10013450776
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012269069