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on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10010276998
properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …
Persistent link: https://www.econbiz.de/10014024227
To reduce unemployment targeted hiring subsidies for long-term unemployed are often recommended. To explore their … service (PES) and random search. The eligibility of a new match depends on the applicant's unemployment duration and on the … duration of a job search, so that equilibrium unemployment increases. Like the subsidy, organizational reforms, which advance …
Persistent link: https://www.econbiz.de/10013324903
Unemployment benefits, benefit duration, base period and qualifying period are constituent parameters of the … unemployment insurance system in most OECD countries. From economic research we know that the amount and duration of unemployment … benefits increase unemployment. To analyze the effects of the other two parameters we use a matching model with search …
Persistent link: https://www.econbiz.de/10003328067
unemployment - low labor demand environment and to evaluate the impact of active labor market policy programs on outflows from … unemployment. Results suggest that the hiring process is driven by a stock-flow rather than by a traditional matching function: the … of outflows from unemployment to employment, while stock of vacancies and inflow of unemployed do not play any …
Persistent link: https://www.econbiz.de/10012778536
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …
Persistent link: https://www.econbiz.de/10012781938
Persistent link: https://www.econbiz.de/10014250566
The search model contains two matching technologies, the public employment service (PES) with its type-specific registers for workers and vacancies, and the search market where firms advertise vacancies and unemployed who have not been placed by the PES search for jobs. The placement activity of...
Persistent link: https://www.econbiz.de/10010299220
Persistent link: https://www.econbiz.de/10001489944
implied by a higher incidence of NCAs. In equilibrium, the model predicts a higher unemployment rate associated with a higher …
Persistent link: https://www.econbiz.de/10014082497