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Unemployment or Overeducation : Which is a Worse Signal to Employers?

Baert, Stijn - 2014

This study aims at estimating the stigma effect of unemployment and overeducation within one framework. To this end, we conduct a field experiment in the Belgian labour market. We send out trios of fictitious male job applications to real vacancies. These applications differ only by the labour...

Persistent link: https://www.econbiz.de/10013050630

Asymmetric Labor Market Institutions in the Emu and the Volatility of Inflation and Unemployment Differentials

Abbritti, Mirko - 2012

How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this question, this paper sets up a dynamic currency union model with monopolistic competition and sticky prices, hiring frictions and real wage rigidities. In our analysis, we...

Persistent link: https://www.econbiz.de/10013107467

Expected Inflation, Sunspots Equilibria and Persistent Unemployment Fluctuations

Dufourt, Frédéric - 2009

We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf bifurcations, country-specific expected inflation shocks can...

Persistent link: https://www.econbiz.de/10013157753

Local Social Capital and Geographical Mobility : Some Empirics and a Conjecture on the Nature of European Unemployment

David, Quentin; Janiak, Alexandre; Wasmer, Etienne - 2021

European labor markets are characterized by the low geographical mobility of workers. The absence of mobility is a factor behind high unemployment when jobless people prefer to remain in their home region rather than to go prospecting in more dynamic areas. In this paper, we attempt to...

Persistent link: https://www.econbiz.de/10013325000

Labour Market Signalling and Unemployment Duration : An Empirical Analysis Using Employer-Employee Data

Frederiksen, Anders - 2006

This paper tests the signalling hypothesis using detailed flow-based employer-employee data from Denmark. The primary … plausible estimates of the signalling effect. It is established that the positive ability signal of being displaced due to a … previously been ignored in the empirical analysis of the signalling hypothesis such as local labour market conditions, the sector …

Persistent link: https://www.econbiz.de/10012780037

Signaling in the Labor Market : New Evidence on Layoffs and Plant Closings

Rodríguez-Planas, Núria - 2021

In my asymmetric-information model of layoffs, high-productivity workers are more likely to be recalled to their former employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a signal of productivity, and duration of...

Persistent link: https://www.econbiz.de/10013319510