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they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …
Persistent link: https://www.econbiz.de/10011873508
, we find asymmetric effects on child schooling based on skill composition of economic growth. Higher unemployment among … unskilled workers increases schooling, whereas higher unemployment among skilled workers decreases schooling. …
Persistent link: https://www.econbiz.de/10011931651
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011931791
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
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth? describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no …
Persistent link: https://www.econbiz.de/10010276419
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10010285522
This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...
Persistent link: https://www.econbiz.de/10010289903
the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment … substantial decline in both unemployment and wages. Financial constraints therefore weaken the direct link between wage rigidity … and unemployment volatility. …
Persistent link: https://www.econbiz.de/10012497880
In light of recent discussions about shifting employees from traditional workplaces to virtual employment, we are motivated by the question of whether this phenomenon will end up saving lives even in the absence of an infectious disease outbreak. Motor vehicle incidents are the leading cause of...
Persistent link: https://www.econbiz.de/10012597470