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This study investigates the causal effects of education on individuals' transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and labour...
Persistent link: https://www.econbiz.de/10013128216
Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume wages are rigid. We explore whether this explanation is consistent with the data. We show that the wage of newly hired workers, unlike the aggregate wage, is volatile and...
Persistent link: https://www.econbiz.de/10013324956
discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …
Persistent link: https://www.econbiz.de/10013089002
that training improves the matching process between jobseekers and firms …
Persistent link: https://www.econbiz.de/10013324870
The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed individuals. Standard search theory predicts that an increase in UI benefit generosity, either in terms of benefit duration or entitlement, has a negative impact on the job...
Persistent link: https://www.econbiz.de/10013149513
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
to enhance ex ante match efficiency in the presence of asymmetric information and relationship specific investments. In …
Persistent link: https://www.econbiz.de/10013132281
, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …
Persistent link: https://www.econbiz.de/10012778974
mechanisms often related to the scarring effect of unemployment: general signalling theory, (perceived) skill loss, queuing … related to the scarring effect of unemployment: general signalling theory, (perceived) skill loss, queuing theory, and …
Persistent link: https://www.econbiz.de/10012952583
A large literature has documented that the unemployment duration of unemployed individuals increases with the generosity of the unemployment insurance (UI) system, which has been interpreted as the disincentive effect of UI benefits. However, unemployed workers typically also have caseworkers...
Persistent link: https://www.econbiz.de/10012993954