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A search-theoretic model of the labor market with idiosyncratic fluctuations in hours worked, search both off- and on-the-job, and multiple jobholding is developed. Taking on a second job entails a commitment to hold onto the primary employer, enabling the worker to use the primary job as her...
Persistent link: https://www.econbiz.de/10012059551
extractive economic and political institutions even after the weighted voting system was abolished and universal suffrage … using both extractive economic and political institutions (Acemoglu and Robinson (2008)). …
Persistent link: https://www.econbiz.de/10011917048
We study the distributional consequences of the Covid-19 pandemic's impacts on employment. Using CPS data on stocks and flows, we show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger in lower-paying...
Persistent link: https://www.econbiz.de/10012389754
More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10014480594
instrumental variable estimation that uses the unemployment rate as an instrument for nursing turnover. We find that ignoring …
Persistent link: https://www.econbiz.de/10011760036
This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …
Persistent link: https://www.econbiz.de/10011418280
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10011600752
This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for...
Persistent link: https://www.econbiz.de/10011613463
Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … unemployment rate. Also unemployed persons who exogenously lost their jobs are affected by the reforms. In line with the structure …
Persistent link: https://www.econbiz.de/10012294311
In Germany, overtime work is a well-established instrument for varying working hours of employees and is of great importance for establishments as a measure of internal flexibility. However, not all employees are affected to the same degree by a variation of the work effort through overtime...
Persistent link: https://www.econbiz.de/10011301385