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. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell …, repeated observations on the same individual provide scant evidence of declining reservation wages …
Persistent link: https://www.econbiz.de/10013324854
In Portugal duration of benefits is exclusively age determined while replacement rates are to all intents and purposes uniform. We exploit differences in potential maximum duration of benefits for nearly matched pairs of individuals who differ in age by one year and in potential maximum duration...
Persistent link: https://www.econbiz.de/10012773397
duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …A thorny problem in identifying the determinants of reservation wages and particularly the role of continued … involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis …
Persistent link: https://www.econbiz.de/10013139949
wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and …
Persistent link: https://www.econbiz.de/10013016273
To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …
Persistent link: https://www.econbiz.de/10012917094
, this study points to the importance of controlling for employers' characteristics in this type of wages-dynamic analysis …
Persistent link: https://www.econbiz.de/10013317453
The U.S. labor market has been experiencing unprecedented high average unemployment duration. The shift in the … unemployment duration distribution can be traced back to the early nineties. In this study, censored quantile regression methods … are employed to analyze the changes in the US unemployment duration distribution. We explore the decomposition method …
Persistent link: https://www.econbiz.de/10013317551