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Unemployment Dynamics in the OECD
Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul - Tinbergen Institute - 2011
We provide a set of comparable estimates for the rates of inflow to and outflow from unemployment using publicly … available data for fourteen OECD economies. We then devise a method to decompose changes in unemployment into contributions … accounted for by changes in inflow and outflow rates for cases where unemployment deviates from its flow steady state, as it …
Persistent link: https://www.econbiz.de/10009367438
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Business Cycles and Compositional Variation in U.S. Unemployment
Abbring, Jaap H.; Berg, Gerard J. van den; Ours, Jan C. van - Tinbergen Institute - 1997
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10005136894
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Business Cycles and Compositional Variation in U.S. Unemployment
Abbring, Jaap H.; Berg, Gerard J. van den; Ours, Jan C. van - Tinbergen Instituut - 1997
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10011257090
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Unemployment Dynamics in the OECD
Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul - Tinbergen Instituut - 2011
available data for fourteen OECD economies. We thendevise a method to decompose changes in unemployment into contributions … accountedfor by changes in inflow and outflow rates for cases where unemployment deviates fromits flow steady state, as it does in … unemploymentvariation within countries. For Anglo-Saxon economies we find approximately a 15:85inflow/outflow split to unemployment …
Persistent link: https://www.econbiz.de/10011257294
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The Labor Market in the Great Recession: An Update
Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul; … - Tinbergen Instituut - 2011
Since the end of the Great Recession in mid-2009, the unemployment rate has recovered slowly, falling by only one … weakness has led to the highest level of long-term unemployment in the U.S. in the postwar period, and a blurring of the … distinction between unemployment and nonparticipation. We show that flows from nonparticipation to unemployment are important for …
Persistent link: https://www.econbiz.de/10011255576
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The Effect of Search Frictions on Wages
Berg, Gerard J. van den; Vuuren, Aico van - Tinbergen Instituut - 2006
This discussion paper resulted in a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0927537110000916">'Labour Economics'</A>, 17(6), 875-85.<P>Labor market theories allowing for search frictions make marked predictions on the effect of the degree of frictions on wages. Often, the effect is predicted to be negative. Despite the popularity of these...</p></a>
Persistent link: https://www.econbiz.de/10011255845
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Combining Micro and Macro Unemployment Duration Data
Berg, Gerard J. van den; Klaauw, Bas van der - Tinbergen Institute - 1998
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …
Persistent link: https://www.econbiz.de/10005209460
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Aggregate Real Wages: Macro Fluctuations and Micro Drivers
Daly, Mary C.; Hobijn, Bart; Wiles, Theodore S. - Tinbergen Institute - 2011
noncyclical. Most of this composition effect works through the part-time employment margin. Remarkably, the unemployment margin …
Persistent link: https://www.econbiz.de/10009367437
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The Effect of Search Frictions on Wages
Berg, Gerard J. van den; Vuuren, Aico van - Tinbergen Institute - 2006
Labor market theories allowing for search frictions make marked predictions on the effect of the degree of frictions on wages. Often, the effect is predicted to be negative. Despite the popularity of these theories, this has never been tested. We perform tests with matched worker-firm data. The...
Persistent link: https://www.econbiz.de/10005504886
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Combining Micro and Macro Unemployment Duration Data
Berg, Gerard J. van den; Klaauw, Bas van der - Tinbergen Instituut - 1998
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the … total inflow into unemployment. We estimate the model using (micro) survey data and (macro) administrative data from France …
Persistent link: https://www.econbiz.de/10011256433