Showing 1 - 10 of 61
and social security records. We apply a matching estimator adapted for the case of multiple programmes. We find …
Persistent link: https://www.econbiz.de/10005762319
This paper focuses on changes in the Italian labour market over the decade 1993-2003. We estimate both aggregate transition matrices and micro-level multinomial logistic regression models to analyse flows between labour market states and their determinants. We aim to assess whether labour market...
Persistent link: https://www.econbiz.de/10008469757
In this paper we adopt a three-state representation of the labour market (employment, unemployment, and inactivity). Using individual -level data from EU-SILC (European Union - Statistics on Income and Living Conditions) survey from three countries (France, Italy, Spain), we analyze the...
Persistent link: https://www.econbiz.de/10010617940
Persistent link: https://www.econbiz.de/10001174029
In this paper, we develop a matching model where firms invest in transferable human capital. Workers are endowed with …
Persistent link: https://www.econbiz.de/10010906763
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10010928750
This paper examines the effect of taxes on the individuals' choices of educational direction, and thus on the economy.s skill composition. A proportional labour tax induces too many workers with high innate ability to choose an educational type associated with high consumption value and low...
Persistent link: https://www.econbiz.de/10005207038
both the vacancy-unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …
Persistent link: https://www.econbiz.de/10010536333
If entitlement to UI benefits must be earned with employment, generous UI is an additional benefit to working, so, by itself, it promotes job creation. If individuals are risk neutral, then there is a UI contribution scheme that eliminates any effect of UI on employment decisions. As with...
Persistent link: https://www.econbiz.de/10009293001
This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible …
Persistent link: https://www.econbiz.de/10005666594