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This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and … finding rates, accounting for almost all of the observed decline in job finding rates over the spell of unemployment. Moreover … unemployment. The biases can explain more than 10 percent of the incidence of long-term unemployment …
Persistent link: https://www.econbiz.de/10012480945
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
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Using data from a social experiment, we estimate the impact of training on the duration of employment and unemployment … unemployment spells lead to biased estimates of the effects of training. We present and implement several econometric approaches … unemployment spells …
Persistent link: https://www.econbiz.de/10012475076
equivalent workers fall sharply as unemployment duration progresses. We use the model to quantitatively assess the consequences … of such employer behavior for job finding rates and long term unemployment and find only modest effects given the large … dependence and long term unemployment …
Persistent link: https://www.econbiz.de/10012453513
We develop a dynamic model of transitions in and out of employment. A worker finds a job at an optimal stopping time, when a Brownian motion with drift hits a barrier. This implies that the duration of each worker's jobless spells has an inverse Gaussian distribution. We allow for arbitrary...
Persistent link: https://www.econbiz.de/10012456487