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In the years following 2009, long-term unemployment has been very elevated while inflation has fallen only moderately … variation, can discriminate the independent influences of short-and long-term unemployment on price inflation. We present a …-term unemployment exert equal downward pressure on price inflation …
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Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
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Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
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offset by widespread poverty and lack of unemployment insurance, leading to overall faster transitions in low income …
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apprenticeship training have longer job durations. In contrast, the larger the number of unemployment and employment spells, the …
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This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
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