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This paper examines the impact of state merit-aid programs on the labor market attachment of high school-aged youths. The labor force participation rate of teenagers has fallen substantially in recent decades, coinciding with the introduction of merit-aid programs. These programs reduce the...
Persistent link: https://www.econbiz.de/10012917610
market outcomes than job switchers. Over 40% of all workers separating into unemployment regain employment at their previous … temporary layoff. Recalls are associated with much shorter unemployment duration and better wage changes. Negative duration … dependence of unemployment nearly disappears once recalls are excluded. We also find that the probability of finding a new job is …
Persistent link: https://www.econbiz.de/10013072873
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
This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across … workers as well as direct effects of unemployment duration on unemployment-exit probabilities. Unlike any previous paper in … shocks to the short-run, medium-run, and long-run variance of unemployment as well as to specific historical episodes. We …
Persistent link: https://www.econbiz.de/10012986283
We develop a dynamic model of transitions in and out of employment. A worker finds a job at an optimal stopping time …
Persistent link: https://www.econbiz.de/10012993840
persistent wage effect of entering government employment during recessions for recent college graduates and other new employees …
Persistent link: https://www.econbiz.de/10012920887
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
candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to … longitudinal structure of the Current Population Survey to construct unemployment exit hazards that vary across states, over time …, and between individuals with differing unemployment durations. I then use these hazards to explore a variety of …
Persistent link: https://www.econbiz.de/10013119336
61,000 persons in Spain in 1985 when unemployment exceeded 20%--to examine the effect of unemployment insurance (UI) and … family serves as a form of welfare; (3) hazard rates linking the chances of job finding to duration of unemployment in the … 1981-85 period of massive joblessness did not decline with duration; (4) the length of unemployment spells reduces wages …
Persistent link: https://www.econbiz.de/10013126008
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10013096855