Showing 1 - 10 of 701
dynamics in the tradition of Mortensen and Pissarides (1994). Our estimates discern 5 distinct types. Most unemployment comes … from just two of those types. Low employment types frequently circle among unemployment, short-term jobs, and being out of … 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
signals. The University of Michigan Social Media Job Loss Index tracks initial claims for unemployment insurance at medium and …
Persistent link: https://www.econbiz.de/10013033893
New data compel a new view of events in the labor market during a recession. Unemployment rises almost entirely because … finding from new data is that a large fraction of workers departing jobs move to new jobs without intervening unemployment. I …
Persistent link: https://www.econbiz.de/10013313246
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
on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 … employees, while leaving dismissal costs unchanged for bigger firms, to set up a natural experiment research design. We find … that the increase in dismissal costs decreased accessions and separations for workers in small relative to big firms …
Persistent link: https://www.econbiz.de/10012903630
This paper studies the returns to seniority, the returns to experience, and the effects of seniority and experience at the time of a quit or layoff on changes in the job match specific component of wages. We show that these returns are not identified in widely used regression models that relate...
Persistent link: https://www.econbiz.de/10012760142
This paper studies simple partial equilibrium models of dynamic labor demand, under certainty. Labor turnover costs may or may not decrease the firm's average labor demand, depending on the form of the revenue function, on the rates of discount and of labor attrition, and on the relative size of...
Persistent link: https://www.econbiz.de/10013218325
Despite stringent dismissal restrictions in most European countries, rates of job creation and destruction are … America, European dismissal restrictions are essential to a proper interpretation of both similar patterns in job turnover and … marked differences in unemployment flows …
Persistent link: https://www.econbiz.de/10013224868
We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an empirical version of the model using personnel data from Fokker Aircraft that cover the path of layoffs and quits through its bankruptcy. We find that the firm learns about its...
Persistent link: https://www.econbiz.de/10013248093
This paper examines the effect of trade unionism on the exit behavior of workers in the context of Hirschman's exit-voice dichotomy. Unionism is expected to reduce quits and permanent separations and raise job tenure by providing a "voice" alternative to exit when workers are dissatisfied with...
Persistent link: https://www.econbiz.de/10013244770