Showing 1 - 10 of 161
measuring the additional time spent in unemployment before being hired in a new occupation. Furthermore, I inspect the wage … changes after reallocation and find that workers who change occupations through unemployment face wage losses. Interpreted … would only reallocate when they can recoup the costs of reallocation through wage gains. To shed some light on the question …
Persistent link: https://www.econbiz.de/10011337033
forecasting German unemployment in the short run. Every month, the CEOs of the FEA’s regional agencies are asked about their … expectations of future labor market developments. We generate an aggregate unemployment leading indicator that exploits serial …
Persistent link: https://www.econbiz.de/10010198066
suggest that regional mismatch did not play an important role in explaining movements of aggregate unemployment. Across … industries and occupations, there was a decrease in mismatch unemployment from over 5 percent to below 4 percent (on the highest … disaggregation level), whereas the share of mismatch unemployment (across industries and occupations) within total unemployment …
Persistent link: https://www.econbiz.de/10009788092
from employment into unemployment in April 2020 were due to the containment measures. In a second approach, we make use of … the unemployment effect coming from the separations margin. In sum, the lockdown measures increased unemployment in the …
Persistent link: https://www.econbiz.de/10012222508
Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor market conditions. Specifically, it explores whether the data is more consistent with implicit contract models (Beaudry/DiNardo, 1991) or a matching model with on-the-job search and...
Persistent link: https://www.econbiz.de/10011544266
Die Studie analysiert die theoretischen Auswirkungen von Mindestlöhnen auf Beschäftigung und Lohnspreizung in einem fluktuationsbedingten Szenario. Es wird ein Überblick über neue theoretische Forschungsansätze gegeben und der Einfluss von Mindestlöhnen auf Einkommen und Beschäftigung in...
Persistent link: https://www.econbiz.de/10003874124
unemployment. -- real wage cyclicality ; entry wages ; search and matching model … analysis is undertaken for the 1977 to 2009 period using administrative longitudinal matched employer-employee wage data. I … find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given …
Persistent link: https://www.econbiz.de/10009529619
global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …
Persistent link: https://www.econbiz.de/10009529635
in German unemployment is fully explained by hysteresis. The Great Recession was well absorbed because both hysteresis … effects and structural unemployment were substantially reduced after institutional reforms. In contrast, U.S. unemployment did …
Persistent link: https://www.econbiz.de/10011372431
Using German data this study applies an unobserved-components approach to disentangle the unemployment rate into a … trend component of unemployment, which triggers permanent reactions of the workers, is likely connected to a structural … effect. By splitting up the participation effect of changes in the unemployment rate our analysis differs profoundly from …
Persistent link: https://www.econbiz.de/10009715284