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insight into the problem by examining the determinants of transitions between non-employment (or unemployment) and employment …
Persistent link: https://www.econbiz.de/10012471666
Most data used to study the durations of unemployment spells come from the Current Population Survey, which is a point … unemployment spells obtained from panel data and apply CPS sampling and reporting techniques to replicate the type of data used by … distribution. We conclude that the best inferences that can be made about unemployment durations using CPS-like data are seriously …
Persistent link: https://www.econbiz.de/10012477621
considerably lower wages. At the same time, the data provide no evidence that early unemployment sets off a vicious cycle of … recurrent unemployment. The reduced employment effects die off very quickly. What appears to persist are effects of lost work …
Persistent link: https://www.econbiz.de/10012478748
This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and … finding rates, accounting for almost all of the observed decline in job finding rates over the spell of unemployment. Moreover … unemployment. The biases can explain more than 10 percent of the incidence of long-term unemployment …
Persistent link: https://www.econbiz.de/10012480945
We propose a three-step factor-flows simulation-based approach to forecast the duration distribution of unemployment … history. Step 2: relate the aggregate components to the overall unemployment rate using a factor model. Step 3: combine the … individual duration dependence, factor structure, and an auxiliary forecast of the unemployment rate to simulate a panel of …
Persistent link: https://www.econbiz.de/10012481421
The underlying data from which the U.S. unemployment rate, labor-force participation rate, and duration of unemployment … reconciliation. We find that the usual statistics understate the unemployment rate and the labor-force participation rate by about … duration of unemployment substantially overstates the true duration of uninterrupted spells of unemployment and misrepresents …
Persistent link: https://www.econbiz.de/10012481589
This paper presents new evidence on why unemployment insurance (UI) benefits affect search behavior and develops a … unemployment durations caused by UI benefits is due to a "liquidity effect" rather than distortions in marginal incentives to …
Persistent link: https://www.econbiz.de/10012464682
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
This paper examines unemployment duration and the incidence of claims following a 36 percent increase in the maximum …
Persistent link: https://www.econbiz.de/10012465791
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been … hazard. This paper questions this interpretation by showing that unemployment benefits can also affect durations through an … proxies such as asset holdings. I find that increases in unemployment benefits have small effects on durations in the …
Persistent link: https://www.econbiz.de/10012466911