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This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013412799
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013390926
Standard economic theory suggests that individuals know best how to make themselves happy. Thus, policies designed to encourage "better" behaviors will only reduce people's happiness. Recently, however, economists have explored the role of impatience, especially difficulties with delaying...
Persistent link: https://www.econbiz.de/10011434104
Using data from the CPS this paper examines the role of birth-country networks on immigrants' unemployment duration … from 2001 to 2013. We find that networks significantly lower unemployment duration for all immigrants. Varying the effect …
Persistent link: https://www.econbiz.de/10011543203
This work refers to analyses of matching processes on occupational labour markets in Germany. Up to now, all studies in this field are based on the crucial assumption of separate occupational labour markets. I outlined some theoretical considerations that occupational markets are probably not...
Persistent link: https://www.econbiz.de/10011548268
, unemployment rate and market tightness as well as on the overall economic growth. We aim at determining whether a portion of … unemployment can be explained by either the increased public hiring or shrinking of the number of public employees in the last … decade. As the results suggest, in recessionary times the expansion of the public sector managed to keep the unemployment …
Persistent link: https://www.econbiz.de/10011505049
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on … geographical mobility of workers, but does not in general confirm that homeowners have longer unemployment spells or higher … unemployment rates. Even though this finding is related to heterogeneity in the labour force and associated selectivity effects …
Persistent link: https://www.econbiz.de/10011372497
Job search procedures are a form of human capital investment in that they involve current investments to enhance future returns, analogous to human capital investments in areas such as education, training and mobility that yield future returns. While the theoretical and empirical literature on...
Persistent link: https://www.econbiz.de/10011375971
This paper examines the role of labor market frictions and moving costs in explaining the migration behavior of US workers by employment status. Using data on low-skilled workers from the Survey of Income and Program Participation (SIPP), I estimate a dynamic model of individual labor supply and...
Persistent link: https://www.econbiz.de/10011978361
unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …
Persistent link: https://www.econbiz.de/10012026458