Showing 1 - 10 of 1,390
This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and … duration-dependence in both perceived and actual job finding. Using longitudinal data from two comprehensive surveys, we … beliefs and ex-post realizations, to disentangle heterogeneity and duration-dependence in true job finding rates while …
Persistent link: https://www.econbiz.de/10012480945
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
Using data from a social experiment, we estimate the impact of training on the duration of employment and unemployment … analysis, simple comparisons between the average durations or the transition rates of treatments' and controls' employment and … unemployment spells lead to biased estimates of the effects of training. We present and implement several econometric approaches …
Persistent link: https://www.econbiz.de/10012475076
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 … decline in callbacks. Interviews lost to duration impact individual job-finding rates solely if they would have led to jobs …
Persistent link: https://www.econbiz.de/10012453513
We develop a dynamic model of transitions in and out of employment. A worker finds a job at an optimal stopping time …, when a Brownian motion with drift hits a barrier. This implies that the duration of each worker's jobless spells has an … prove that the distribution of these parameters is identified from the duration of two spells. We use social security data …
Persistent link: https://www.econbiz.de/10012456487
model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …We explore the extent to which composition, duration dependence, and labor force non-participation can account for the … sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional …
Persistent link: https://www.econbiz.de/10012458392
accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor … force attachment searching for employment after being subject to a mass layoff - thereby focusing on a group of job … that better job accessibility significantly decreases the duration of joblessness among lower-paid displaced workers …
Persistent link: https://www.econbiz.de/10012458598
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self-reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10012458793
implied by new unemployment claims: we estimate 20 million lost jobs by April 6th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012481974
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10012462750