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Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...
Persistent link: https://www.econbiz.de/10010822644
Equilibrium search models are useful tools for the evaluation of labor market policies. Recently developed equilibrium search models of the labor market are able to fit the wage distribution perfectly with longitudinal labor supply data, by estimating an appropriate distribution of labor...
Persistent link: https://www.econbiz.de/10005150593
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of lowskill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10005822408
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10005451429
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …
Persistent link: https://www.econbiz.de/10010783168
This paper analyzes the effect of unemployment insurance sanctions on the transition rate from unemployment to …­als who started collecting unemployment insurance in the Netherlands in 1992. To deal with the selectivity of the occurrence …
Persistent link: https://www.econbiz.de/10005451379
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10011257090
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10011257193
This paper analyzes the effect of unemployment insurance sanctions on the transition rate from unemployment to …­als who started collecting unemployment insurance in the Netherlands in 1992. To deal with the selectivity of the occurrence …
Persistent link: https://www.econbiz.de/10010783418
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10005585651