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overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after … parts of workers' wages. If workers can only imperfectly observe the extent of firm rents in their wages, they might be … exogenous lay-offs and, using Austrian administrative data, we find that younger workers are, in fact, unemployed longer if they …
Persistent link: https://www.econbiz.de/10010294904
curve shifts between 1960 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the … by changes in the eagerness of workers to switch jobs. We argue that, while the Beveridge curve is a useful tool for … relating unemployment and vacancies to inflation, the link between these labor market indicators and inflation depends on …
Persistent link: https://www.econbiz.de/10014480477
This paper examines two key aspects of unemployment-its propagation mechanism and socioeconomic costs. It identifies a … mechanism and the existing pecuniary and nonpecuniary costs of unemployment suggests a fundamental shift in the policy responses … effects of unemployment. The paper discusses several preventative features of the program. …
Persistent link: https://www.econbiz.de/10011784685
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...
Persistent link: https://www.econbiz.de/10010318955
Facing unprecedented uncertainty and drastic trade-offs between public health and other forms of human well-being, policymakers during the Covid-19 pandemic have sought the guidance of epidemiologists and economists. Unfortunately, while both groups of scientists use many of the same basic...
Persistent link: https://www.econbiz.de/10012819003
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...
Persistent link: https://www.econbiz.de/10010286501
closings, which was borne out by data from the Displaced Workers Survey (DWS). In this paper, we take advantage of many more … asymmetric information, we make use of the Civil Rights Act of 1991 which induced employers to lay of protected workers in mass …
Persistent link: https://www.econbiz.de/10010292119
his paper examines an important anomaly in the internal migration history of the former Soviet Union (FSU). While many cities were closed in the sense of explicitly limiting growth of city population from migration, it was difficult to assess the effectiveness of these controls. We analyze a...
Persistent link: https://www.econbiz.de/10010334273
This paper examines the political economy of Russian city growth. For the 1980s, we model the growth of 168 Russian cities located in 71 Russian provinces (oblast level). We examine the role of both general socio-economic characteristics and specific state controls. Our goal is to understand the...
Persistent link: https://www.econbiz.de/10010334322
older workers. … Jewish workers in Israel over the 13-year time period, 1983-1995. Work histories are constructed from a new joint database … National Insurance Institute. The paper focuses on gender differences in work history patterns and, within each gender …
Persistent link: https://www.econbiz.de/10010335992