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Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...
Persistent link: https://www.econbiz.de/10005150593
Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...
Persistent link: https://www.econbiz.de/10010822644
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10005451429
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10010783168
This paper analyzes the effect of unemployment insurance sanctions on the transition rate from unemployment to …­als who started collecting unemployment insurance in the Netherlands in 1992. To deal with the selectivity of the occurrence …
Persistent link: https://www.econbiz.de/10005451379
This paper analyzes the effect of unemployment insurance sanctions on the transition rate from unemployment to …­als who started collecting unemployment insurance in the Netherlands in 1992. To deal with the selectivity of the occurrence …
Persistent link: https://www.econbiz.de/10010783418
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
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/10005451411
-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