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The geography of job creation and job destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012651396
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The geography of job creation and job destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …
Persistent link: https://www.econbiz.de/10012663064
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How far from full employment? : the European unemployment problem revisited
Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …
Persistent link: https://www.econbiz.de/10014507179
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The cyclical behavior of equilibrium unemployment and vacancies across OECD countries
Amaral, Pedro S.; Tasci, Murat - 2014 - This version: November 19, 2013
We show that the inability of a standardly-calibrated labor search-and-matching model to account for labor market volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross-country data is helpful in scrutinizing between potential...
Persistent link: https://www.econbiz.de/10010251658
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Job vacancies in Colombia : 1976 - 2012
Álvarez, Andrés; Hofstetter Gascón, Marcel - In: IZA journal of labor & development 3 (2014), pp. 1-11
between vacancies and unemployment with a structural change-an outward shift-around 1986. … rates for Colombia for the period 1976 - 2012. The result is the first dataset capturing the evolution of vacancies for …
Persistent link: https://www.econbiz.de/10010466551
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Firms' employment dynamics and the state of the labor market
Stadin, Karolina - 2015
to fill a vacancy but more vacancies at other firms should make recruitment more difficult. But what can we say about the … simulations show quite small employment effects of typical shocks to the number of vacancies in the local labor market and very … number of vacancies in the local labor market are important for firms’ employment dynamics. Thus, the empirical results are …
Persistent link: https://www.econbiz.de/10011373159
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Revisiting the Hypothesis of High Discounts and High Unemployment
Martellini, Paolo - 2019
We revisit the hypothesis that labor market fluctuations are driven by shocks to the discount rate. Using a model in which the UE and the EU rates are endogenous, we show that an increase in the discount rate leads to a decline in both the UE and the EU rates. In the data, though, the UE and EU...
Persistent link: https://www.econbiz.de/10012867149
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Revisiting the Hypothesis of High Discounts and High Unemployment
Martellini, Paolo - 2019
We revisit the hypothesis that labor market fluctuations are driven by shocks to the discount rate. Using a model in which the UE and the EU rates are endogenous, we show that an increase in the discount rate leads to a decline in both the UE and the EU rates. In the data, though, the UE and EU...
Persistent link: https://www.econbiz.de/10012868079
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The effects of productivity and benefits on unemployment : breaking the link
Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017
quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …
Persistent link: https://www.econbiz.de/10011625891
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Revisiting the hypothesis of high discounts and high unemployment
Martellini, Paolo; Menzio, Guido; Visschers, Ludo - 2019
We revisit the hypothesis that labor market fluctuations are driven by shocks to the discount rate. Using a model in which the UE and the EU rates are endogenous, we show that an increase in the discount rate leads to a decline in both the UE and the EU rates. In the data, though, the UE and EU...
Persistent link: https://www.econbiz.de/10012026394