Showing 1 - 10 of 16
model allows for two types of unemployment: frictional unemployment due to search frictions and structural unemployment due … to wage floors. Wage floors exist because of high unemployment benefits or binding minimum wages. The productivity … decompose the total unemployment rate and we examine the effect of changes in the minimum wage. …
Persistent link: https://www.econbiz.de/10005150514
model allows for two types of unemployment: frictional unemployment due to search frictions and structural unemployment due … to wage floors. Wage floors exist because of high unemployment benefits or binding minimum wages. The productivity … decompose the total unemployment rate and we examine the effect of changes in the minimum wage. …
Persistent link: https://www.econbiz.de/10010783288
as a function of the elapsed unemployment duration. We use a nonparametric estimation method that is designed to be …This paper investigates the degree in which the individual exit rate out of unemployment for young job seekers changes … of unobserved heterogeneity in these data. The model and estimation method explicitly take into account that individual …
Persistent link: https://www.econbiz.de/10005150485
as a function of the elapsed unemployment duration. We use a nonparametric estimation method that is designed to be …This paper investigates the degree in which the individual exit rate out of unemployment for young job seekers changes … of unobserved heterogeneity in these data. The model and estimation method explicitly take into account that individual …
Persistent link: https://www.econbiz.de/10010782972
This paper has been presented at the Journal of Applied Econometrics International Conference on the Micro-Econometrics of Dynamic Decision Making, in Tilburg, May 1994. We would like to thank John Rust, Arie Kapteyn and other participants at this conference for their helpful comments. This...
Persistent link: https://www.econbiz.de/10011277919
This paper has been presented at the Journal of Applied Econometrics International Conference on the Micro-Econometrics of Dynamic Decision Making, in Tilburg, May 1994. We would like to thank John Rust, Arie Kapteyn and other participants at this conference for their helpful comments. This...
Persistent link: https://www.econbiz.de/10005304412
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10005150510
In The Netherlands, as in many countries: unemployment rates of lower educated workers are higher and more cyclical … than unemployment rates of higher educated workers. In this paper we test whether this is caused by the fact that more …
Persistent link: https://www.econbiz.de/10005150516
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010782571
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10010782757