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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
, 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
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
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
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
Persistent link: https://www.econbiz.de/10003474033
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
in unemployment and self-employment, reductions in average weekly hours, and reductions in weekly and annual earnings …
Persistent link: https://www.econbiz.de/10013083630
This paper analyses the effect of unemployment insurance generosity and active labour market policy on reemployment … to identify policy effects at the micro and macro level. Empirical evidence suggests that unemployment benefit receipt is … associated with longer reemployment duration at the individual level. Furthermore, countries with more generous unemployment …
Persistent link: https://www.econbiz.de/10013087395
The empirical literature on unemployment insurance has focused on its direct effect on unemployment duration, while the … potential indirect effect on employment stability through a more efficient matching process, as the unemployed can search for a … unemployment insurance system aiming at reducing high European unemployment rates should consider both effects. This paper provides …
Persistent link: https://www.econbiz.de/10013317454