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models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
Persistent link: https://www.econbiz.de/10010355704
suggest that regional mismatch did not play an important role in explaining movements of aggregate unemployment. Across … industries and occupations, there was a decrease in mismatch unemployment from over 5 percent to below 4 percent (on the highest … disaggregation level), whereas the share of mismatch unemployment (across industries and occupations) within total unemployment …
Persistent link: https://www.econbiz.de/10009788092
global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …
Persistent link: https://www.econbiz.de/10009529635
country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …
Persistent link: https://www.econbiz.de/10009261372
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment … wealth decreases, a finding which is in accordance with our empirical duration analysis using micro data on unemployment … spells and run down during unemployment spells but the consumption path is never going to be completely smooth over states …
Persistent link: https://www.econbiz.de/10011398412
firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …
Persistent link: https://www.econbiz.de/10011300551
overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10011344871
facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low … at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …
Persistent link: https://www.econbiz.de/10009409344
unemployment and vacancies with respect to output. We estimate the structural model with the two shocks and using the Bayesian … methodology. The bulk of variations in unemployment and vacancies is mainly explained by disturbances pertaining to the discount …
Persistent link: https://www.econbiz.de/10010374578
During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open … extension in the length of time in which a claimant can collect unemployment insurance (UI) to 99 weeks, at an expense to date … search process. Parameter estimates of the structural model using a sample of unemployment spells from the National …
Persistent link: https://www.econbiz.de/10010403637