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model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …We explore the extent to which composition, duration dependence, and labor force non-participation can account for the … sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional …
Persistent link: https://www.econbiz.de/10013051310
We propose a three-step factor-flows simulation-based approach to forecast the duration distribution of unemployment … individual duration dependence, factor structure, and an auxiliary forecast of the unemployment rate to simulate a panel of … history. Step 2: relate the aggregate components to the overall unemployment rate using a factor model. Step 3: combine the …
Persistent link: https://www.econbiz.de/10012827541
One goal of extending the duration of unemployment insurance (UI) in recessions is to increase UI coverage in the face … of longer unemployment spells. Although it is a common concern that such extensions may themselves raise nonemployment … differential effects of UI in booms and recessions, this paper exploits the fact that, in Germany, potential UI benefit duration is …
Persistent link: https://www.econbiz.de/10013110942
--measured with unemployment rates--and environmental concern. Building on recent research that finds internet search terms to be … useful predictors of health epidemics and economic activity, we find that an increase in a state's unemployment rate … decreases Google searches for "global warming" and increases searches for "unemployment," and that the effect differs according …
Persistent link: https://www.econbiz.de/10013139745
growth to augment existing income growth measures, under the assumption that measurement error in using observed light as an … indicator of income is uncorrelated with measurement error in national income accounts. For countries with good national income … official data. Lights data also allow for measurement of income growth in sub- and supranational regions. As an application, we …
Persistent link: https://www.econbiz.de/10013151806
The traditional approach to poverty measurement puts no explicit weight on success at increasing the typical level of … value of the floor, allowing for transient effects and measurement errors in survey data. On using all suitable and …
Persistent link: https://www.econbiz.de/10013031210
We examine the first-order internal effects of unemployment on a range of health behaviors during the most recent … decline in total physical activity. We also find that unemployment is associated with a decline in purchases of fast food …
Persistent link: https://www.econbiz.de/10013040231
-cycle-frequency fluctuations in unemployment and job vacancies in response to shocks of a plausible magnitude. In the U.S., the vacancy-unemployment … vacancy-unemployment ratio and labor productivity have nearly the same variance. I establish this claim both using analytical … small movement along a downward sloping Beveridge curve (unemployment-vacancy locus). A shock to the job destruction rate …
Persistent link: https://www.econbiz.de/10013218505
This paper investigates the relationship between macroeconomic conditions, alcohol use, and drinking problems using individual-level data from the 1987-1999 years of the Behavioral Risk Factor Surveillance System. We confirm the procyclical variation in overall drinking identified in previous...
Persistent link: https://www.econbiz.de/10013210607
A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can … potentially explain the large unemployment dynamics in the Great Depression. The limited response of wages to labor market … conditions from credible bargaining and the congestion externality from matching frictions cause the unemployment rate to rise …
Persistent link: https://www.econbiz.de/10013079211