Showing 1 - 10 of 18,648
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011497053
This paper examines the evolution of consumer uncertainty about unemployment one year after the irruption of the covid … formalize expectations about unemployment (Knightian-type uncertainty). On the other hand, we use the geometric discrepancy … for cointegration with the unemployment rate, we find that the discrepancy indicator exhibits a long- term relationship …
Persistent link: https://www.econbiz.de/10013225259
particular the basics of probability theory, the models of social risks of unemployment in terms of occupational groups and …
Persistent link: https://www.econbiz.de/10012792377
Persistent link: https://www.econbiz.de/10014533495
at risk in the euro area and in the United States. We model the asymmetry of the shocks to changes in the unemployment … the unemployment rate displays time-varying volatility and skewness, with peaks coinciding with the Global Financial … risk defined as the possible joint event of large increases in the unemployment rate and large annual rates of inflation …
Persistent link: https://www.econbiz.de/10014362647
Persistent link: https://www.econbiz.de/10014365434
Persistent link: https://www.econbiz.de/10013422673
Expectations and riskiness of future earnings are crucial determinants of individuals' intertemporal choices. Yet, the empirical literature lacks reliable measures of the distribution of future income. Lacking direct observability, the latter is usually estimated inferring the mean, the variance...
Persistent link: https://www.econbiz.de/10014046408
the dynamics. Microsimulations of synthetic cohorts reveal that many migrants experience unemployment spells, but ten … only increase the unemployment among migrants but also departure from the country. Scenarios also indicate that an increase …
Persistent link: https://www.econbiz.de/10013154986
Persistent link: https://www.econbiz.de/10001220832