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using data from a longitudinal sample of Spanish men for the period 1985-1991. The results indicate that unemployment rises … unemployment. …
Persistent link: https://www.econbiz.de/10005475108
This paper re-examines Lilien’s sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …
Persistent link: https://www.econbiz.de/10010656014
unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which succeeds at generating … countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10005016888
in the vacancy-unemployment ratio without ad hoc assumptions of wage rigidity. This paper presents a mechanism of such … economy, and the vacancy-unemployment ratio experiences large cyclical fluctuations. …
Persistent link: https://www.econbiz.de/10009228915
paper were to be implemented, the average unemployment rate in the United States would fall from 5.7 to 4.7 percent. Also … and realistic responses of unemployment to changes in UI benefits. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10009293001
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. herunterladen. …
Persistent link: https://www.econbiz.de/10008525435
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10005136894
in unemployment and vacancies but also wages, is the drop in consumption for the unemployed. In addition, explaining the …
Persistent link: https://www.econbiz.de/10005090796
of unemployment and vacancies to negative shocks to the aggregate productivity of labor. …
Persistent link: https://www.econbiz.de/10005102084
, (2) Long-run endogenous, efficient and cyclical unemployment, and (3) Long-run and endogenous growth. …
Persistent link: https://www.econbiz.de/10005638926