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home. I analyze the relationship between such house lock and the elevated levels and persistence of unemployment during the … job search in the local labor market for homeowners whose home value has declined, I focus on differences in unemployment … that enables the estimation of individual and aggregate covariate effects on completed unemployment durations in synthetic …
Persistent link: https://www.econbiz.de/10010289864
increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10010262031
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10010262387
for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10010262567
real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers? federations are not able to …
Persistent link: https://www.econbiz.de/10010262597
strukturellen Arbeitslosigkeit beitragen dürfte. Für einen spürbaren Erfolg fehlen konsequentere Reformen des ausreichende …?s predominantly structural unemployment. A promising strategy would require forceful reform of social welfare institutions prohibiting …
Persistent link: https://www.econbiz.de/10010261863
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant … occupational unemployment. In almost all occupations, we find support for both the structuralist and the hysteresis hypotheses, but …
Persistent link: https://www.econbiz.de/10010268561
lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
Persistent link: https://www.econbiz.de/10010269047
This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept unskilled jobs and continue to search for skilled jobs....
Persistent link: https://www.econbiz.de/10010273737
for equilibrium unemployment in an economy with product and labour market imperfections. We show that intensified product … market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …. Higher capital intensity will decrease the equilibrium unemployment when the elasticity of substitution between capital and …
Persistent link: https://www.econbiz.de/10010261822