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This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10012759577
, which was particularly strong in the second half of the 90s, is a major aspect of the downward trends in unemployment and … and the unemployment rate, because a nonparticipant who wants to work has (i) a higher probability of entering the labor … force (compared to other nonparticipants), and (ii) a higher probability of joining unemployment conditional on entering the …
Persistent link: https://www.econbiz.de/10013021465
Before 1979, unemployment insurance (UI) benefits were not treated as taxable income in the United States. Several … has had the predicted effect of reducing unemployment duration.The study uses data on a sample of persons that filed for … presents persuasive evidence of a tax effect on unemployment duration. The 1979 policy change is estimated to have reduced …
Persistent link: https://www.econbiz.de/10013223892
states of employment, unemployment, and non-participation. The determinants of actual household transitions are then … 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
Every year has large demand and supply shifts associated with the seasons, regardless of the phase of the business cycle. Based on measures dating back to the 1940s, the seasonal shifts reject the hypotheses that demand shifts affect employment outcomes significantly more in recession years than...
Persistent link: https://www.econbiz.de/10013138313
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10013096855
This analysis uses March Current Population Survey data from 1999-2010 and a differences-in-differences approach to examine how California's first in the nation paid family leave (PFL) program affected leave-taking by mothers following childbirth, as well as subsequent labor market outcomes. We...
Persistent link: https://www.econbiz.de/10013113097
We develop a simple model featuring search frictions and a nondegenerate labor supply decision along the extensive margin. The model is a standard version of the neoclassical growth model with indivisible labor with idiosyncratic shocks and frictions characterized by employment loss and...
Persistent link: https://www.econbiz.de/10013151365
the flow of workers from Eastern Europe, the fear of unemployment has risen in the UK which appears to have contained wage … rate of unemployment …
Persistent link: https://www.econbiz.de/10012775790
productivity risk is greater than the value of unemployment insurance which provides (partial) insurance against employment risk …
Persistent link: https://www.econbiz.de/10012757525