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European countries exhibit significant differences in employment rates of adult males. Differences in labor … migrants to isolate the effect of culturally transmitted labor-leisure preferences on individual employment rates. If migrants … about 24% of the top-bottom variation in employment rates across European countries …
Persistent link: https://www.econbiz.de/10013015117
for which the response of wages is modest relative to the response of employment, as appears to be the case in U.S. data …, for certain parameters, the model can explain both the standard deviations of employment and wages and the correlation …
Persistent link: https://www.econbiz.de/10012759577
frictions characterized by employment loss and employment opportunity arrival shocks. We argue that it is able to account for … shocks play a key role in allowing the model to match the persistence of the employment and out of the labor force states …
Persistent link: https://www.econbiz.de/10013151365
Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual … outlier from the pattern, with abnormally low, and suspiciously stable, unemployment rates according to its official … statistics. This paper calculates, for the first time, China's unemployment rate from 1988 to 2009 using a more reliable …
Persistent link: https://www.econbiz.de/10013017497
states of employment, unemployment, and non-participation. The determinants of actual household transitions are then … investigated using continuous employment histories for a sample of low-income families. Simulations using the estimated transition … functions show that increased unemployment among married men has a sizeable short-run effect on both participation and …
Persistent link: https://www.econbiz.de/10013224699
I analyze two extensions to the standard model of life cycle labor supply that feature operative choices along both the intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second assumes that all work must be coordinated across...
Persistent link: https://www.econbiz.de/10013134860
When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...
Persistent link: https://www.econbiz.de/10013140998
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early...
Persistent link: https://www.econbiz.de/10013152623
Labor Turnover Survey (JOLTS). Our method involves reweighting the cross-sectional density of employment growth rates in … JOLTS to match the corresponding density in the comprehensive Business Employment Dynamics (BED) data. To motivate our work …, we compare JOLTS to other data sources and document large discrepancies with respect to aggregate employment growth, the …
Persistent link: https://www.econbiz.de/10012759105
market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs … comovement of unemployment, job vacancies, and the rate at which unemployed workers find jobs over the business cycle. It can …-to-employer transitions, and it helps explain the cyclical volatility of vacancies and unemployment …
Persistent link: https://www.econbiz.de/10012761787