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Why is old workers' labor market more volatile? : unemployment fluctuations over the life-cycle

Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - 2014

Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...

Persistent link: https://www.econbiz.de/10010339640

Uninsurable individual risk and the cyclical behavior of unemployment and vacancies

Shao, Enchuan (contributor); Silos, Pedro (contributor) - 2007

Persistent link: https://www.econbiz.de/10003730889

Labor markets and business cycles

Shimer, Robert - 2010

Persistent link: https://www.econbiz.de/10003898170

Establishments dynamics and matching frictions in classical competitive equilibrium

Veracierto, Marcelo (contributor) - 2007

This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it … to evaluate the effects of congestion externalities in the matching process and determine the government interventions … an important role in dampening the response of the economy to aggregate productivity shocks. -- Firm dynamics ; matching …

Persistent link: https://www.econbiz.de/10003679758