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Long-term unemployment more than doubled during the UK’s Great Recession. Only a small fraction of this persistent … increase can be accounted for by the changing composition of unemployment across personal and work history characteristics … participation flows can account for over two-thirds of the high level of long-term unemployment following the financial crisis …
Persistent link: https://www.econbiz.de/10014129477
Social comparisons are important in the employment sphere. A "culture of unemployment" may evolve and prevail because … group. We advance the idea that by making the receipt of unemployment benefits conditional on engagement in an incentive …
Persistent link: https://www.econbiz.de/10010520356
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …
Persistent link: https://www.econbiz.de/10014507179
volatility of employment and unemployment, produce too high a correlation between wages and employment, and do not capture the …
Persistent link: https://www.econbiz.de/10014184294
its successor Understanding Society. We find that the unemployment rate on leaving full-time education has large impacts …
Persistent link: https://www.econbiz.de/10009778459
probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …
Persistent link: https://www.econbiz.de/10012101955
In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European … significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by …
Persistent link: https://www.econbiz.de/10013325361
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10013320786
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10001623736