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unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … prospects interacts with aggregate conditions to drive fluctuations of aggregate unemployment and its duration distribution …
Persistent link: https://www.econbiz.de/10012857128
outcomes tend to be more favourable to unions when the national unemployment rate is lower …
Persistent link: https://www.econbiz.de/10013325061
Using data from the CPS this paper examines the role of birth-country networks on immigrants' unemployment duration … from 2001 to 2013. We find that networks significantly lower unemployment duration for all immigrants. Varying the effect … of networks over duration categories we find that networks are more effective in lowering duration for immigrants …
Persistent link: https://www.econbiz.de/10012982118
On the basis of aggregate data for the early nineties, we analyse the determinants of unemployment duration for laid … Proportional Hazard specification can be too restrictive, leading to an overstatement of the extent of true negative duration … dependence. We conclude that negative duration dependence is largely spurious. We also decompose the time variation of the hazard …
Persistent link: https://www.econbiz.de/10013320198
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …
Persistent link: https://www.econbiz.de/10013143682
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …
Persistent link: https://www.econbiz.de/10013099747
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10013080876
their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …
Persistent link: https://www.econbiz.de/10013055568
This paper studies the impact of downward wage rigidity on wage dynamics and employment flows after the outbreak of major recessions over the last 30 years in Spain. Downward wage rigidity stems from collective agreements, which set province-industry-skill specific minimum wage floors for all...
Persistent link: https://www.econbiz.de/10014240314
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 …
Persistent link: https://www.econbiz.de/10013324775