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of the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self … with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … unemployment insurance levels into a politico-economic equilibrium. The interaction between the political decision about the level …
Persistent link: https://www.econbiz.de/10005648719
In this paper, I propose a new Keynesian DSGE model with labor market search and matching frictions which replicates … States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …
Persistent link: https://www.econbiz.de/10013052216
in more detail labour flexibility, namely labour market flows, long-term unemployment and labour force deprivation. The … third part addresses wage flexibility and relative wages, with special attention paid to regional unemployment elasticity of … labour mobility, labour deprivation due to long-term unemployment, skill mismatch and emerging signs of inflexibility in wage …
Persistent link: https://www.econbiz.de/10005094095
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …
Persistent link: https://www.econbiz.de/10010272954
, coverage of social security does not provide enough support in coping with unemployment shocks. Instead, we find that mothers …
Persistent link: https://www.econbiz.de/10013399852
the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …In this paper, we incorporate a positive theory of unemployment insurance into a dynamic overlapping generations model … with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical …
Persistent link: https://www.econbiz.de/10005067497
Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper … acceptable job offer. This model is based on standard search theory and it is consistent with the notion of aggregate rationality …: immigrants from non-Western countries and Norwegian-born. The empirical results show that estimated search cost (disutility) per …
Persistent link: https://www.econbiz.de/10012005437
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
This research explores the long-term equilibrium relationship between unemployment and labour force participation rates … focused on the study of time series is used to validate the unemployment invariance hypothesis and explore added and … the unemployment invariance hypothesis in several countries appears to reflect some rigidities that prevent the …
Persistent link: https://www.econbiz.de/10013546014
employment, low youth and female unemployment, flexibility, and a low share of the "working poor", all of which can beneficially …
Persistent link: https://www.econbiz.de/10011502288