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in recessions by examining the movement of relative unemployment rates over the business cycle. Any conclusion drawn from … of unemployment are not examined. Using Current Population Survey data matched across adjacent months from 1989 to 2004 … the racial unemployment gap near the peak of the business cycle is driven by a reduction in the rate of job loss for …
Persistent link: https://www.econbiz.de/10010273854
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10010291340
. 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/10010277963
-to-job flows and labour force entries and exits. Employed job search is shown to have a substantial impact on unemployment dynamics … but a negligible one on the level of unemployment. More on-the-job search leads to lower unemployment inflow and outflow …, i.e. a more stagnant unemployment pool. With employed job search, the stock of vacancies is more cyclically sensitive …
Persistent link: https://www.econbiz.de/10010276889
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10010289981
to get access to resources without support from unemployment compensation. Analysing a household survey from 1995, we …. In particular, unemployment delays the setting up of an individual household of young people, in some cases by decades …High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of …
Persistent link: https://www.econbiz.de/10010262445
Diamond (1994) that an individual?s probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10010262575
This study examines individuals? unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals? unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10010262576
Health Survey data from ten countries. We find that periods of relative high unemployment are associated with lower fertility … postpone and even reduce childbearing in response to downturns. This behavior is mainly associated to increasing unemployment … periods of unemployment may be good to have children because opportunity costs are lower, maternity is reduced or postponed …
Persistent link: https://www.econbiz.de/10010269027
This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … unemployment among the young and other disadvantaged groups, is typical of past experience. The paper reviews past literature on … the causes of unemployment, arguing that the origin of the present difficulties lies with a collapse in demand rather than …
Persistent link: https://www.econbiz.de/10010271223