-kind benefits and the propensity to have an informal employment relationship in addition to monthly earnings, hourly wages …

their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …-life expectancy endogenously reduces their outside options and leads their wages to be less sensitive to the business cycle. Thus, in …

In this paper, we investigate whether business cycles can imply sizable effects on average unemployment. First, using a … on unemployment: positive shocks reduce unemployment less than negative shocks increase it. For the observed process of …

unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We … first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into … account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting …

propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …

unemployment spells, hours worked and monthly earnings. We also analyze whether displaced workers are more likely to be in informal … costs as additional outcomes. Displaced migrant workers do not encounter losses in terms of longer unemployment spells or …

undeclared wages in formal jobs. We also pursue the issues whether displaced workers experience more involuntary informal … informal employment as well as shares of undeclared wages in formal jobs. Our results also show that displacement entraps some …

unemployment benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing …

margin since it is driven by flows from permanent wage employment to unemployment. We also show that older, non-Latvian and …