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model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E … 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 …
Persistent link: https://www.econbiz.de/10013051310
employment and unemployment chances of unemployed job seekers. If anything, temporary help work seems to provide an access …Based on administrative data from the federal employment services in Germany, this paper applies statistical matching … techniques to estimate the stepping-stone function to regular employment of temporary help work for unemployed job seekers. Our …
Persistent link: https://www.econbiz.de/10012772449
This paper develops a framework for analyzing unemployment in terms of variations in the nt.imber and distribution of … people becoming unemployed and inindividual probabilities of leaving unemployment. Contrary to the emphasis on exit … the size and distribution of the inflow Into unemployment are the primary determinant of the unemployment rate. Instead of …
Persistent link: https://www.econbiz.de/10013310825
Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …
Persistent link: https://www.econbiz.de/10014158066
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job … dynamics—but not employment dynamics—during the pandemic. Second, benefit expansions allow us to study the MPC of normally low …
Persistent link: https://www.econbiz.de/10014078600
We develop a unique survey that focuses on the job search behavior of individuals regardless of their labor force status and field it annually starting in 2013. We use our survey to study the relationship between search effort and outcomes for the employed and non-employed. Three important facts...
Persistent link: https://www.econbiz.de/10012948920
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
from just two of those types. Low employment types frequently circle among unemployment, short-term jobs, and being out of … dynamics in the tradition of Mortensen and Pissarides (1994). Our estimates discern 5 distinct types. Most unemployment comes … the labor market. Short-term jobs play a role in the job-finding process related to the role of unemployment. These are …
Persistent link: https://www.econbiz.de/10012891313
Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers … devote to evaluating applicants for jobs is a key factor in the magnitude of the frictions. Unemployment will be low if …-selection by job-seekers, so that they apply mainly for jobs where they are qualified, friction and thus unemployment will be low …
Persistent link: https://www.econbiz.de/10013218331
-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