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performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …
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This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
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As a measure of labor market strength, the raw employment-to-population ratio (EPOP) confounds employment outcomes with … labor supply behavior. Movement in the EPOP depends on the relative movements of the employment rate (one minus the … unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …
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effects of uncertainty shocks on employment adjustments in large and small establishments employing four structural vector … uncertainty shocks on employment, worker flows, job flows as well as worker churn, both for establishments with less than 100 and … with at least 100 employees. The results suggest that uncertainty shocks induce considerable employment fluctuations in …
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