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Job search during the covid-19 crisis
Hensvik, Lena; Le Barbanchon, Thomas; Rathelot, Roland - 2021
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and job ad views on Sweden's largest online job board. First, new vacancy postings drop by 40%, similar to the US. Second, job seekers respond by searching less intensively, to the...
Persistent link: https://www.econbiz.de/10012419555
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Exploring Okun's law asymmetry : an endogenous threshold LSTR approach
Christopulos, Dēmētrēs K.; McAdam, Peter; Tzavalis, Elias - 2019
-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is …
Persistent link: https://www.econbiz.de/10012135950
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What are the determinants of hiring? : the role of demand and supply factors
Eriksson, Stefan; Stadin, Karolina - 2015
In this paper, we study the relative importance of demand and supply factors for hiring. We use a search-matching model with imperfect competition in the product market to derive an equation for total hiring in a local labor market and estimate it on Swedish panel data. If product markets are...
Persistent link: https://www.econbiz.de/10011297441
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Labour tax reforms, cross-country coordination and the monetary policy stance in the euro area : a structural model-based approach
Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2018
We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...
Persistent link: https://www.econbiz.de/10011792134
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Hysteresis in unemployment : evidence from OECD estimates of the natural rate
Ball, Laurence M.; Onken, Joern - 2021
This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates …
Persistent link: https://www.econbiz.de/10012705521
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No activation without reconciliation? : the interplay between ALMP and ECEC in relation to women's employment, unemployment and inactivity in 30 OECD countries, 1985-2018
Nieuwenhuis, Rense - 2022
's employment rates, women's unemployment and inactivity rates in 30 OECD countries from 1985 to 2018. The article theorizes about … with low female unemployment rates, whereas ECEC also is associated with lower inactivity rates for women. There was … highest rates of women's employment, and the lowest rates of unemployment and inactivity, are found in countries with large …
Persistent link: https://www.econbiz.de/10012990339
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The heterogeneous earnings impact of job loss across workers, establishments, and markets
Athey, Susan; Simon, Lisa; Nordström Skans, Oskar; … - 2024
Using generalized random forests and rich Swedish administrative data, we show that the earnings effects of job displacement due to establishment closures are highly heterogeneous. We find as much heterogeneity within as across closing establishments, and within as across worker types defined by...
Persistent link: https://www.econbiz.de/10014530352
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Firms' employment dynamics and the state of the labor market
Stadin, Karolina - 2015
According to search and matching theory, a greater availability of unemployed workers should make it easier for a firm to fill a vacancy but more vacancies at other firms should make recruitment more difficult. But what can we say about the expected magnitudes of these effects on firms’...
Persistent link: https://www.econbiz.de/10011373159
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Macroeconomic stabilisation properties of a euro area unemployment insurance scheme
Kaufmann, Christoph; Attinasi, Maria Grazia; … - 2020
supranational unemployment insurance scheme. The model is calibrated to the euro area's core and periphery and features a rich …-regional correlation of unemployment and in ation increases by up to 52% and 27%, respectively, compared to the decentralised setting. The …
Persistent link: https://www.econbiz.de/10012241162
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The effects of monetary policy on unemployment dynamics under model uncertainty : evidence from the US and the euro area ( by Carlo Altavilla and Matteo Ciccarelli
Altavilla, Carlo; Ciccarelli, Matteo - 2009
surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …
Persistent link: https://www.econbiz.de/10003963762