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frictional labor market with equilibrium unemployment due to costly matching, we demonstrate that under these same conditions …
Persistent link: https://www.econbiz.de/10012034615
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
the Great Recession. Because the cut applied only to new benefit claims, claimants whose unemployment start dates differed …-in-Difference analyses. While we find no impact on unemployment duration for those aged 20-21, the benefit cut significantly reduced duration …
Persistent link: https://www.econbiz.de/10011641788
this episode assume that a worker leaving unemployment moves into full employment. We ask where the unemployed actually … went. Using and merging two large micro data sets, we account for the decrease of unemployment by computing inflows and … outflows between unemployment and 16 other labour market states. Direct flows between unemployment and full employment …
Persistent link: https://www.econbiz.de/10011663975
This paper assesses the impact of the crisis on the NEET rate and on the youth unemployment rate (YUR) of the EU …
Persistent link: https://www.econbiz.de/10011535393
This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...
Persistent link: https://www.econbiz.de/10010506295
unemployment, there is little comprehensive evidence about the effects of activation during recessions. Here we evaluate a large … activation programme introduced in Portugal in 2012, a time of very high unemployment. This programme required specific … unemployment benefit recipients to meet jobcentre caseworkers and then participate in active labour market policies. Our analysis …
Persistent link: https://www.econbiz.de/10010423758
potential participants. Our econometric analysis uses unusually informative data originating from administrative unemployment …
Persistent link: https://www.econbiz.de/10011333282
In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates …
Persistent link: https://www.econbiz.de/10011295550
This paper measures the job-search responses to the COVID-19 pandemic using realtime data on vacancy postings and ad views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects industries and occupations heterogeneously. Second, the...
Persistent link: https://www.econbiz.de/10012213681