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We investigate a prevalent, but understudied, employment protection policy: mandatory advance notice (MN), requiring employers to notify employees of forthcoming layoffs. MN increases future production, as notified workers search on the job, but reduces current production as they supply less...
Persistent link: https://www.econbiz.de/10012599053
increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to …
Persistent link: https://www.econbiz.de/10012133371
unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …
Persistent link: https://www.econbiz.de/10012026458
monthly transitions among employment, unemployment, and nonparticipation. Immigrants are found to be first fired and first … hired over the business cycle, and the aggregate unemployment gap is caused by immigrants’ higher rates in the unemployment …
Persistent link: https://www.econbiz.de/10011974426
unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …
Persistent link: https://www.econbiz.de/10012867870
We examine the response of a large panel of German establishments to the crisis in terms of their job flows (changes in employment) and consequent worker flows (hires, separations and layoffs). We analyse the extent to which job flows and worker flows at the establishment level are...
Persistent link: https://www.econbiz.de/10009683201
Unemployment insurance is usually found to show negative effects in the transition from unemployment to a new job …. However, the extent to which workers' careers might improve or deteriorate as a result of the unemployment insurance system is …
Persistent link: https://www.econbiz.de/10010503359
properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …
Persistent link: https://www.econbiz.de/10014024227
the traditional survey-based unemployment rate versus big-data-based JPCs in capturing labor market transitions in the … predict individuals' transitions between employment and unemployment. Unlike with the unemployment rate, we not only examine … disaggregated levels. Our findings suggest that JPCs and the unemployment rate provide comparable predictive power for labor market …
Persistent link: https://www.econbiz.de/10014326767
the traditional survey-based unemployment rate versus big-data-based JPCs in capturing labor market transitions in the … predict individuals' transitions between employment and unemployment. Unlike with the unemployment rate, we not only examine … disaggregated levels. Our findings suggest that JPCs and the unemployment rate provide comparable predictive power for labor market …
Persistent link: https://www.econbiz.de/10014343849