Showing 1 - 10 of 1,359
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
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
We exploit homogeneous firm level data of manufacturing and non-manufacturing sectors to study the impact of firing restrictions on job flow dynamics across 14 European countries. We find that more stringent firing laws dampen the response of job destruction to the cycle, thus making job...
Persistent link: https://www.econbiz.de/10010267565
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10010261540
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
, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will … consequences for unemployment may be worse than anticipated. …
Persistent link: https://www.econbiz.de/10010271325