Showing 511 - 520 of 522
In this paper we present and estimate a synthesis of previous equilibrium search models: allowing for continuous distributions of workers opportunity costs of employment, as well as firms' productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for...
Persistent link: https://www.econbiz.de/10005510199
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10005281980
pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other …’s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …
Persistent link: https://www.econbiz.de/10005566432
, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will … consequences for unemployment may be worse than anticipated. …
Persistent link: https://www.econbiz.de/10008565212
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10010782571
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
In this paper we present and estimate a synthesis of previous equilibrium search models: allowing for continuous distributions of workers opportunity costs of employment, as well as firms’ productivities. The model allows for on-the-job search, and we assume that job offer arrival rates for...
Persistent link: https://www.econbiz.de/10010783472
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10011256618
This paper considers some of the implications of the increase in UK unemployment since the beginning of the Great … Recession. The major finding is that the sharp increase in unemployment and decrease in employment is largely concentrated on …
Persistent link: https://www.econbiz.de/10008855494
Persistent link: https://www.econbiz.de/10012249248