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We address the presence, magnitude, and composition of wage gains related to former co-workers and discuss the mechanisms that could explain their existence. Using Hungarian linked employer-employee administrative data and proxying actual co-workership with overlapping work histories, we show...
Persistent link: https://www.econbiz.de/10012391107
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
This paper analyses differences between unemployed and employed job seekers in job finding rates and in the quality of the job found. Compared to the unemployed, employed job seekers have a smaller pool of job offers that they consider acceptable; this leads to lower job finding rates but better...
Persistent link: https://www.econbiz.de/10011283136
measuring the additional time spent in unemployment before being hired in a new occupation. Furthermore, I inspect the wage … changes after reallocation and find that workers who change occupations through unemployment face wage losses. Interpreted …
Persistent link: https://www.econbiz.de/10011337033
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …
Persistent link: https://www.econbiz.de/10010423759
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010424822
small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …
Persistent link: https://www.econbiz.de/10011409750
temporarily reduce unemployment and increase wages in periphery countries at the cost of somewhat higher unemployment in receiving …
Persistent link: https://www.econbiz.de/10013164979
variation in testosterone levels to explain transition probabilities into and out of unemployment. We examine labour market …, higher testosterone levels reduce the risk of unemployment. Based on previous studies and descriptive evidence, we argue that …
Persistent link: https://www.econbiz.de/10012705374
We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …
Persistent link: https://www.econbiz.de/10012624854