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A Test between Unemployment Theories Using Matching Data
Coles, Melvyn G.; Petrongolo, Barbara - 2003
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10010271933
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A Test between Unemployment Theories Using Matching Data
Coles, Melvyn G.; Petrongolo, Barbara - 2021
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10013320025
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The Effect of Job Displacement on the Transitions to Employment and Early Retirement for Older Workers in Four European Countries
Tatsiramos, Konstantinos - 2021
Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
Persistent link: https://www.econbiz.de/10013316799
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The effect of tightness on wages at the regional level in three Central European countries
Szabó, Lajos Tamás - 2019
In this paper, I examine the effect of tightness on wages in three Central European countries. The estimation is relevant for at least three reasons. Firstly, it is a novel exercise to check the implication of the Mortansen-Pissarides model on Central European data. Secondly, from the central...
Persistent link: https://www.econbiz.de/10012136833
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The extent and cyclicality of career changes : evidence for the UK
Carrillo-Tudela, Carlos; Hobijn, Bart; She, Powen; … - 2014
Using quarterly data for the U.K. from 1993 through 2012, we document that in economic downturns a smaller fraction of unemployed workers change their career when starting a new job. Moreover, the proportion of total hires that involves a career change for the worker also drops in recessions....
Persistent link: https://www.econbiz.de/10010403494
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How far from full employment? : the European unemployment problem revisited
Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024
This paper analyses deviations from full employment in EU countries, compared with the US and the UK. We apply the Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The BECRU is the level of unemployment that minimises the...
Persistent link: https://www.econbiz.de/10014507179
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Scars of Youth Non-Employment and Labour Market Conditions
Tanzi, Giulia - 2021
In this paper I analyse whether non-employment periods at the initial stages of an individual’s career may increase workers’ propensity to experience non-employment also in subsequent years. The study is based on data on young individuals in Italy. The paper uses an instrumental variables...
Persistent link: https://www.econbiz.de/10013233160
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How local are labor markets? Evidence from a spatial job search model
Manning, Alan; Petrongolo, Barbara - 2011
across space that allows us to estimate a matching process with a very large number of areas. Estimates of this model show …
Persistent link: https://www.econbiz.de/10010282385
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Endogenous job contact networks
Galeotti, Andrea; Merlino, Luca Paolo - 2010
We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access information about available jobs. The investment in connections is high when the job separation rate is moderate, otherwise the investment in connections is low. The response of...
Persistent link: https://www.econbiz.de/10010288952
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010289362