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Great Expectations: Past Wages and Unemployment Durations
Böheim, René; Horvath, Gerard Thomas; Winter-Ebmer, Rudolf - 2010
overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10010294904
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The shifting reasons for Beveridge-curve shifts
Barlevy, Gadi; Faberman, R. Jason; Hobijn, Bart; … - 2023
curve shifts between 1960 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the … relating unemployment and vacancies to inflation, the link between these labor market indicators and inflation depends on … Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings. …
Persistent link: https://www.econbiz.de/10014480477
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Unemployment: The silent epidemic
Tcherneva, Pavlina R. - 2017
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
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Matching frictions, efficiency wages, and unemployment in the USA and the UK
Malcomson, James M.; Mavroeidis, Sophocles - 2007
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
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Modeling to inform economy-wide pandemic policy: Bringing epidemiologists and economists together
Darden, Michael; Dowdy, David; Gardner, Lauren; … - 2021
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
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Extrinsic rewards and intrinsic motives: Standard and behavioral approaches to agency and labor markets
Rebitzer, James B.; Taylor, Lowell J. - 2010
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
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The Brazilian government severance indemnity fund for employees (FGTS) and unemployment insurance savings accounts in other countries: A comparative analysis of their effects on th...
Barbosa, Ana Luiza Neves de Holanda; Foguel, Miguel Nathan - 2017
passive employment policies consist of cash transfers for unemployed people. From a cyclical point of view, unemployment …
Persistent link: https://www.econbiz.de/10012030390
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Displacement, asymmetric information and heterogeneous human capital
Hu, Luojia; Taber, Christopher - 2008
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layouts than for plant closings, which was borne out by data from the Displaced Workers...
Persistent link: https://www.econbiz.de/10010292119
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Mobility Where Mobility is Illegal: Migration and City Growth in the Soviet Union
Gang, Ira N.; Stuart, Robert C. - 1998
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
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The Political Economy of Russian City Growth
Gang, Ira N.; Stuart, Robert C. - 1999
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