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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 search activities of the unemployed increasing their unemployment duration. Despite …
Persistent link: https://www.econbiz.de/10013149513
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb … negative time trend in estimated matching functions. In addition, the full nonlinear combined model generates highly asymmetric …
Persistent link: https://www.econbiz.de/10013046221
We examine the direct impact of idiosyncratic match quality on entry wages and job mobility using unique data on worker talents matched to job-indicators and individual wages. Tenured workers are clustered in jobs with high job-specific returns to their types of talents. We therefore measure...
Persistent link: https://www.econbiz.de/10013002443
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10012999021
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness absence during …
Persistent link: https://www.econbiz.de/10013001341
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 …
Persistent link: https://www.econbiz.de/10013099116
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10012997459
We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment … unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the …
Persistent link: https://www.econbiz.de/10012965022
lose employment faster, especially once eligible for new unemployment benefits. Job seekers assigned to JSA have similar …
Persistent link: https://www.econbiz.de/10012911193
Unemployment Insurance benefit durations were extended during the Great Recession, reaching 99 weeks for most …-2014, we estimate the effect of extended benefits on unemployment exits separately during the earlier period of benefit …
Persistent link: https://www.econbiz.de/10013029147