Showing 1 - 10 of 145
not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters …
Persistent link: https://www.econbiz.de/10013448558
not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters …
Persistent link: https://www.econbiz.de/10013470458
-ownership rate in a U.S. state are a precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a … unemployment rate. What mechanisms might explain this? We provide evidence that rises in home-ownership are associated with three … potential concerns: (i) lower levels of labor mobility, (ii) greater commuting times, and (iii) fewer new businesses. Our …
Persistent link: https://www.econbiz.de/10010195450
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013342929
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842
Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to … panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected … just over 10000 observations, we predict changes in the unemployment rate 12 months ahead. We do so using individuals …
Persistent link: https://www.econbiz.de/10013540387
pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations …
Persistent link: https://www.econbiz.de/10010268080
pay and the local unemployment rate - in modern micro data. At the time of writing, the curve has been found in 40 nations …
Persistent link: https://www.econbiz.de/10005763868
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013426314
Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …
Persistent link: https://www.econbiz.de/10014078744