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dissatisfied with their job, the unemployed's well-being is statistically significantly higher. Thus, it appears that unemployment … effects as males and particularly married males suffer more from unemployment. Also, a quarter of the unemployed report that … they feel social pressure due to unemployment. These findings suggest that social approval plays some role in the impact of …
Persistent link: https://www.econbiz.de/10014311302
-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …
Persistent link: https://www.econbiz.de/10011801599
-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …
Persistent link: https://www.econbiz.de/10012195781
's technology choice is embedded in a search theoretic framework for unemployment. More advanced technology is assumed to have a … increase in the unemployment benefit leads to an increase in the equilibrium wage rate, giving an incentive to firms to choose … a more advanced technology. Thus, this result regarding unemployment insurance in models with wage posting carries …
Persistent link: https://www.econbiz.de/10013454398
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …
Persistent link: https://www.econbiz.de/10011416465
Using harmonised micro data, this paper investigates the job search behaviour of the unemployed in Europe. The analysis focuses on the importance of individual and household characteristics in this context, as well as on cross-country differences in Europe. Our findings suggest that both...
Persistent link: https://www.econbiz.de/10010251389
change in SWB predicts job search and unemployment duration. The findings suggest that those who report feeling hurt by … unemployment have shorter unemployment durations. Men who report a loss of SWB are also more likely to look for a job, but women …: search effort and unemployment duration are affected by the utility differential between having a job and being unemployed. …
Persistent link: https://www.econbiz.de/10010483433
over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in … unemployment can be attributed to the early retirement policies that were implemented in Europe from the 1970s up until the early … aiming to explain the European unemployment problem. …
Persistent link: https://www.econbiz.de/10011994453
This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and life‐cycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...
Persistent link: https://www.econbiz.de/10014362543
Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors …, for helping the unemployed back into work, and for more evenly distributing the burden of unemployment resulting from …
Persistent link: https://www.econbiz.de/10011421962