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This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical … analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24 …
Persistent link: https://www.econbiz.de/10005644641
unemployment status. Two directions of the ongoing research are analyzed: the impact of social norms on unemployment and the …
Persistent link: https://www.econbiz.de/10009211110
regional unemployment rates. While employed men suffer from regional unemployment, unemployed men are significantly less … negatively affected. This is consistent with a social-norm effect of unemployment in Germany. We find no evidence of such an …
Persistent link: https://www.econbiz.de/10005018717
implications showing how these models can explain why ethnic minorities tend to experience higher unemployment rate than workers …
Persistent link: https://www.econbiz.de/10011084530
In this paper we explore the effects of redistributive policies in a job search model where different degrees of self-confidence generate different arrival rates of new jobs. We find that the job search model is an useful framework to address behavioral concerns about personal motivation. We...
Persistent link: https://www.econbiz.de/10005604252
that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …
Persistent link: https://www.econbiz.de/10008505525
the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10005510640
disadvantaged workers can increase the unemployment rate and decrease workers? output. JEL Classification: E24, J64, J68, Z13. …
Persistent link: https://www.econbiz.de/10005560133
increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10005566629
Social interactions arguably provide a rationale for several important phenomena, from smoking and other risky behavior in teens to e.g., peer effects in school performance. We study social interactions in dynamic economies. For these economies, we provide existence (Markov Perfect Equilibrium...
Persistent link: https://www.econbiz.de/10010933671