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, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the … macroeconomic theory as well as its role in determining employment theories, it is raised the need for a thorough evaluation of its …
Persistent link: https://www.econbiz.de/10013118538
analytical framework, which follows the chain reaction theory (CRT) of unemployment and argues that (i) a system of interactive …On both theoretical and empirical grounds, this paper provides evidence that refutes the natural rate of unemployment … (NRU) hypothesis as an explanation of the evolution of regional disparities in the unemployment rate. We first present our …
Persistent link: https://www.econbiz.de/10013122409
serious pitfalls. Three canonical variates used in the literature – the minimum unemployment rate during a worker's time at … the firm (min u), the unemployment rate at the start of her tenure (Su) and the current unemployment rate interacted with … because a differential wage response to unemployment of new hires and incumbents will appear under both equal treatment and …
Persistent link: https://www.econbiz.de/10013129919
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
We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected … European unemployment rates. They also generate positive comovements in macroeconomic variables and a large relative volatility … fact that liquidity constrained workers, facing earnings uncertainty in the context of imperfect unemployment insurance …
Persistent link: https://www.econbiz.de/10013157753
unemployment from the time they left school up to age 30. We show that this experience is negatively correlated with the life … satisfaction that the individual reports at age 30, so that past unemployment scars. We also identify the childhood circumstances … and family background that predict this adult unemployment experience.Educational achievement and good behaviour at age 16 …
Persistent link: https://www.econbiz.de/10012867160
unemployment insurance on unemployment duration in Brazil, where we find strong evidence of manipulation at eligibility cutoffs …
Persistent link: https://www.econbiz.de/10013001869
This study aims at estimating the stigma effect of unemployment and overeducation within one framework. To this end, we … from the employer side, we find evidence for a larger stigma effect of unemployment than overeducation. The stigma effect …
Persistent link: https://www.econbiz.de/10013050630
A large fraction of the eligible unemployed workers does not claim for unemployment insurance (UI) and, among claimants … the sample faces high claiming frictions, many have good employment prospects and exit unemployment quickly. The burden of … little effect on aggregate unemployment duration. Additionally we show that the link between claiming and job search efforts …
Persistent link: https://www.econbiz.de/10013250772
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