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implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012201645
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012206097
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …
Persistent link: https://www.econbiz.de/10010528571
models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
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density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
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