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these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10010262149
negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …
Persistent link: https://www.econbiz.de/10010262563
The aim of this paper is to explore the patterns of trade duration across regions and to identify its determinants … variables on the duration of trade relationships from 96 countries from 1995 to 2004. Our results suggest first that the … duration of trade relationships increases with the region level of development: trade relationships from richer economies face …
Persistent link: https://www.econbiz.de/10010316725
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. The model …
Persistent link: https://www.econbiz.de/10010293374
spell duration and improved post-unemployment job quality. In contrast to many previous empirical studies that have … addressed the negative benefit effect on duration only, the current paper jointly addresses the causal effect of unemployment … benefits on both unemployment duration and post-unemployment wages. Based on panel data from the Survey of Income and Program …
Persistent link: https://www.econbiz.de/10010303934
three or fewer years, but then reaches a level after which there is little variation by duration of residence. Unemployment …
Persistent link: https://www.econbiz.de/10010262348
the effect that UIC has on the fraction of time spent employed. The estimation procedure simultaneously allows for …
Persistent link: https://www.econbiz.de/10010274314
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …
Persistent link: https://www.econbiz.de/10010282170
This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and … calibrate it to U.S. data. The results indicate that more than 70 percent of the increase in the duration of unemployment over …
Persistent link: https://www.econbiz.de/10010283468
This paper discusses the link between financial development and macroeconomic volatility by exploring some of the ways through which financial development may affect business cycle fluctuations. To be specific, we examine whether stock market development exerts an unambiguous effect on...
Persistent link: https://www.econbiz.de/10011435122