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Do reemployment programs for the unemployed work for youth? : evidence from the Great Recession in the United States
Michaelides, Marios; Mueser, Peter R.; Smith, Jeffrey A. - 2020
We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012232672
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Scars of recessions in a rigid labor market
Cockx, Bart; Ghirelli, Corinna - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823
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Unlucky cohorts : estimating the long-term effects of entering the labor market in a recession in large cross-sectional data sets
Schwandt, Hannes; Wachter, Till von - 2018
unemployment rate at labor market entry for each birth cohort and state-of-birth cell based on average state migration rates and …
Persistent link: https://www.econbiz.de/10011946849
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Tuning unemployment insurance to the business cycle : unemploymenr insurance generosity should be greater when unemployment is high and vice versa
Andersen, Torben M. - 2014
unemployment insurance in bad times without jeopardizing incentives to work or public finances in the medium term. A possible … solution is a rule-based system that improves the generosity of unemployment insurance (replacement rate, benefit duration …High unemployment and its social and economic consequences have lent urgency to the question of how to improve …
Persistent link: https://www.econbiz.de/10011417280
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Unlucky Cohorts : Estimating the Long-Term Effects of Entering the Labor Market in a Recession in Large Cross-Sectional Data Sets
Schwandt, Hannes - 2018
unemployment rate at labor market entry for each birth cohort and state-of-birth cell based on average state migration rates and …
Persistent link: https://www.econbiz.de/10012907822
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The Impact of an Early Career Recession on Schooling and Lifetime Welfare
Guo, Naijia - 2015
This paper evaluates the long-term welfare consequences from experiencing a recession as youths, taking into account the impact on schooling, future job mobility, human capital accumulation, labor supply and wages. The paper also explores the mechanisms that account for lifetime wage changes by...
Persistent link: https://www.econbiz.de/10013024306
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Scars of Recessions in a Rigid Labor Market
Cockx, Bart - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10013026416
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Markov Switching in Disaggregate Unemployment Rates
Chauvet, Marcelle; Potter, Simon - 2001
.S. unemployment rates. We extract the common dynamics amongst unemployment rates disaggregated for 7 age groups. The framework allows … analysis of the contribution of demographic factors to secular changes in unemployment rates. In addition, it allows … favor of the common factor and of the switching between high and low unemployment rate regimes. We also find that …
Persistent link: https://www.econbiz.de/10014129256
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Markov Switching in Disaggregate Unemployment Rates
Chauvet, Marcelle; Juhn, Chinhui; Potter, Simon - 2006
.S. unemployment rates. We extract the common dynamics amongst unemployment rates disaggregated for 7 age groups. The framework allows … analysis of the contribution of demographic factors to secular changes in unemployment rates. In addition, it allows … favor of the common factor and of the switching between high and low unemployment rate regimes. We also find that …
Persistent link: https://www.econbiz.de/10014125547
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The Costs of Job Displacement over the Business Cycle and Its Sources : Evidence from Germany
Schmieder, Johannes; Wachter, Till von; Heining, Jörg - National Bureau of Economic Research - 2022
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381