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Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28 … where one or more breadwinners are under-employed. Unemployment and under-employment rates in LA peaked at the end of 2010 …
Persistent link: https://www.econbiz.de/10012993406
In this paper we analyze the effects of a German job creation scheme (JCS) on the social integration and well-being of long-term unemployed individuals. Using linked survey and administrative data for participants and a group of matched non-participants, we find significant positive effects of...
Persistent link: https://www.econbiz.de/10012118755
dissatisfied with their job, the unemployed's well-being is statistically significantly higher. Thus, it appears that unemployment … effects as males and particularly married males suffer more from unemployment. Also, a quarter of the unemployed report that … they feel social pressure due to unemployment. These findings suggest that social approval plays some role in the impact of …
Persistent link: https://www.econbiz.de/10014311302
This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two … distribution of aggregate unemployment by duration on individual well-being. We find significant evidence in favor of both the … remain unemployed for a longer time. At some point, however, both the employed and unemployed adapt to unemployment at the …
Persistent link: https://www.econbiz.de/10003886329
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10012909971
risk of unemployment in the 2020 Covid recession so that they and their employers can be located and provided with timely … unemployment from the Census Bureau, the Federal Reserve Bank of St. Louis and the U.S. Department of Labor …
Persistent link: https://www.econbiz.de/10013251036
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10011916275
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …
Persistent link: https://www.econbiz.de/10010528571
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082