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Persistent link: https://www.econbiz.de/10001612496
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...
Persistent link: https://www.econbiz.de/10013154479
Persistent link: https://www.econbiz.de/10010398896
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
We study the impact of short-term exposure to ambient air pollution on the spread and severity of COVID-19 in Germany … patients (80+ years): higher levels of air pollution by one standard deviation 3 to 12 days after developing symptoms increase … deaths by 30 percent (males) and 35 percent (females) of the mean. In addition, air pollution raises the number of confirmed …
Persistent link: https://www.econbiz.de/10012829235
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
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
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
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
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