Showing 1 - 10 of 17
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10010276187
unemployment insurance (UI). This policy reform improved job information and sharpened bureaucratic incentives to find jobs for the … unemployment outflows. This is consistent with a model where information helps both groups, but bureaucrats were given incentives … to shift effort towards helping the disabled find jobs and away from helping the unemployed. Interestingly, in the short …
Persistent link: https://www.econbiz.de/10011288213
How well does a simple search on-the-job model fit the eighteen years of job and wage mobility of high school graduates? To answer this question we are confronted from the data with a prevalent non-compliance and exemptions from the minimum wage. We incorporate this observation in a job search...
Persistent link: https://www.econbiz.de/10010267372
This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform … on search effort and labor market attachment, and lower the reservation wage of the unemployed, with negative effects on … post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference …
Persistent link: https://www.econbiz.de/10010269165
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/10011479235
', local development policies are fairly ineffective in raising the local unemployment outflow, because labor markets overlap …
Persistent link: https://www.econbiz.de/10010282385
', local development policies are fairly ineffective in raising the local unemployment outflow, because labor markets overlap …
Persistent link: https://www.econbiz.de/10009369105
This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform … on search effort and labor market attachment, and lower the reservation wage of the unemployed, with negative effects on … post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference …
Persistent link: https://www.econbiz.de/10005762395
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … support "stock-flow" matching. Estimates find that around 50% of newly unemployed workers match quickly - they are interpreted … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10010271933
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10010329001