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This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10005016867
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10005016877
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10005703056
Persistent link: https://www.econbiz.de/10000959930
Persistent link: https://www.econbiz.de/10000963530
Persistent link: https://www.econbiz.de/10000990207
Persistent link: https://www.econbiz.de/10011438978
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011452214
Persistent link: https://www.econbiz.de/10011299650