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properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …
Persistent link: https://www.econbiz.de/10014024227
We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...
Persistent link: https://www.econbiz.de/10012228177
This paper estimates a structural model of job search which accounts for utility costs and benefits linked to mandatory reemployment programs. The estimation uses data from a randomized experiment which generates exogenous variation in the threat of program participation. I use the compensating...
Persistent link: https://www.econbiz.de/10012703033
This paper analyses data from a large-scale field experiment where unemployed workers were randomly assigned to an additional caseworker meeting with the purpose to impose a broader job search strategy. We find that the meeting significantly increases job finding and is cost effective. However,...
Persistent link: https://www.econbiz.de/10013448678
reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10013320755
focus is to explore how the conditions in the pre-displacement firm affect the duration of unemployment. The empirical … spent in unemployment. The heterogeneity of the signalling effect across various employee subgroups in the economy is also … and in particular by the conditions in the firms in which they were previously employed. -- unemployment duration …
Persistent link: https://www.econbiz.de/10003323159
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …
Persistent link: https://www.econbiz.de/10011416465
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/10009700207
This paper studies how changes in extended unemployment insurance (UI) benefit affect the duration of unemployment. We … range of 44-46 who entered unemployment in the same month in the same year, we find that longer maximum benefit durations do … not lead to a decrease in the jobless hazard; the duration of unemployment is not prolonged among jobseekers who have …
Persistent link: https://www.econbiz.de/10009788791
increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds … that the unemployment rate is affected by the existence, duration, and replacement rate of unemployment insurance. Hiring … unemployment. These results are broadly in line with the extensive literature on countries of the Organisation for Economic Co …
Persistent link: https://www.econbiz.de/10013137884