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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/10012930343
In this paper, we review the literature on the quot;spikequot; in unemployment exit rates around benefit exhaustion … 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 …
Persistent link: https://www.econbiz.de/10012760395
This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and …, accounting for most of the observed decline in job finding rates over the spell of unemployment. We also find that job seekers … calibrated model of job search how these biased beliefs contribute to the slow exit out of unemployment and can explain more than …
Persistent link: https://www.econbiz.de/10012907446
sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional … shifts in demographics, occupation, industry, region, and the reason for unemployment jointly account for very little of the … model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …
Persistent link: https://www.econbiz.de/10013051310
accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor …
Persistent link: https://www.econbiz.de/10013054875
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10013059757
unemployment, called ranking. With the filling of vacancies unaffected by the selection rule, both equilibria have the same … aggregate dynamics, but different distributions of unemployment durations. With the threat point for the Nash bargained wage … being a worker with zero unemployment duration, the wage with ranking is much more sensitive to changes in the tightness of …
Persistent link: https://www.econbiz.de/10013210544
This paper studies the optimal timing of unemployment insurance subsidies in a McCall search model. Risk-averse workers … sequentially sample random job opportunities. Our model distinguishes unemployment subsidies from consumption during unemployment … stationary search problems, the optimal subsidies are independent of unemployment duration. In contrast, when workers are …
Persistent link: https://www.econbiz.de/10012780124
unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …
Persistent link: https://www.econbiz.de/10012980189
We use an audit study approach to investigate how unemployment duration, age, and holding a low-level “interim” job … from a potential employer. First, the results show no relationship between callback rates and the duration of unemployment …
Persistent link: https://www.econbiz.de/10013012695