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We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We estimate this model on a large administrative panel data...
Persistent link: https://www.econbiz.de/10013317470
, 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
This paper provides a critical overview and a detailed research agenda for scholars interested in regional studies with a special focus on old and new European Union member states. The focus is on the microeconomic foundations of structural change and its spatially asymmetric impact on labour...
Persistent link: https://www.econbiz.de/10012777459
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as well as a sizeable negative long-run effect. Specifically,...
Persistent link: https://www.econbiz.de/10013135184
This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a country that has experienced one of the most severe recessions in Europe and a subsequent remarkable recovery. Employing longitudinal EU SILC data and a panel data set constructed...
Persistent link: https://www.econbiz.de/10013001888
Using harmonized micro data, this paper investigates the effects of the early phase (2008-10) of the recent economic crisis on transitions between labour market states in Europe. Our analysis focuses on individual heterogeneity, on the type of employment contract, and on cross-country...
Persistent link: https://www.econbiz.de/10013016259
model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models … a shock to the efficiency of the matching process (search shock). The two former shocks generate a quite balanced …
Persistent link: https://www.econbiz.de/10013045048
We explore data from all transition economies over nearly two decades, providing insights on the mechanisms behind labor force reallocation. We show that worker flows between jobs in different industries are rare relative to the demographic flows of youth entry and elderly exit. The same applies...
Persistent link: https://www.econbiz.de/10012930949
While results are starting to emerge, not much is known yet about the dynamics of the labor markets of the former Eastern economies, especially in the context of the current Financial Crisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor market transitions, earnings...
Persistent link: https://www.econbiz.de/10013117835
High levels of employment protection reduce hiring and firing and have a theoretically ambiguous effect on the employment level. Immigrants, being new to the labor market, may be less aware of employment protection regulations and less likely to claim their rights, which may create a gap between...
Persistent link: https://www.econbiz.de/10012759354