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, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …
Persistent link: https://www.econbiz.de/10010295852
This paper studies the role of worker learning in a labor market where workers have incomplete information about the quality of their employment match. The amount of information about the quality of a new match depends on a worker’s past job experience. Allowing workers to learn from...
Persistent link: https://www.econbiz.de/10011798979
Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...
Persistent link: https://www.econbiz.de/10012614112
Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...
Persistent link: https://www.econbiz.de/10012607557
of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011722636
of the unemployment rate and of worker transitions. …
Persistent link: https://www.econbiz.de/10011821431
To better understand unemployment dynamics it is key to assess the role played by job creation and job destruction …. Although the U.S. case has been studied extensively, the importance of job finding and employment exit rates to unemployment … finding and job separation rates for the U.S. unemployment rate dynamics. Drawing on this approach, we are able to reconcile …
Persistent link: https://www.econbiz.de/10011869049
The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …
Persistent link: https://www.econbiz.de/10012207491
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
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082