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previous jobs, and thus much more than they get in unemployment benefits. However, our results also show that some groups, such … as women, tend to systematically demand lower wages. Also, we find that workers with high wage demands are contacted by … demands may contribute to high unemployment. …
Persistent link: https://www.econbiz.de/10010321440
Are there any differences in how men and women fare from unemployment in terms of the wages they receive on a new job … experience unemployment will suffer a reduction of subsequent wages while no such effect could be found for women. These findings … unemployment duration was rather short, which may have prevented general capital from depreciating. However, the presence of large …
Persistent link: https://www.econbiz.de/10010321796
We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10010317937
Economists have long emphasized the importance of expectations in determining macroeconomic outcomes Yet there has been almost no recent effort to model actual empirical expectations data; instead macroeconomists usually simply assume expectations are rational This paper shows that while...
Persistent link: https://www.econbiz.de/10010293441
explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark … demographic groups have sharply different predictions for macroeconomic aggregates like the inflation rate …
Persistent link: https://www.econbiz.de/10010293481
We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...
Persistent link: https://www.econbiz.de/10010294537
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA … both countries, both matching frictions and efficiency wages play a significant role in enabling the model to fit the data …
Persistent link: https://www.econbiz.de/10010318955
This paper develops data on the history of wages and prices in Beijing, Canton, Suzhou/Shanghai in China from the … eighteenth century to the twentieth and compare them with leading cities in Europe, Japan and India in terms of nominal wages … Europe. Real wages declined in China in the eighteenth and early nineteenth centuries and rose slowly in the late nineteenth …
Persistent link: https://www.econbiz.de/10005870478
Unemployment immediately upon graduation is associated with substantial and permanent future earnings losses. Even for … very short unemployment spells the estimated earnings losses are statistically significant. These results are stable for … that unemployment upon graduation has the causal effect of reducing future earnings prospects. …
Persistent link: https://www.econbiz.de/10010273933
shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …
Persistent link: https://www.econbiz.de/10010321623