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This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10012909971
This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …
Persistent link: https://www.econbiz.de/10011916275
which differences in mobility explain differences in the probability of exiting unemployment between the two countries …
Persistent link: https://www.econbiz.de/10014083377
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
Although partially disabled individuals in Spain are allowed to combine the receipt of disability benefits with a job, the empirical evidence shows that employment rates for this group of individuals are very low. Therefore, in this paper we construct labor market model with search intensity and...
Persistent link: https://www.econbiz.de/10009781878
The present research provides evidence on the determinants driving the differences in the unemployment …
Persistent link: https://www.econbiz.de/10012129903
with different equilibria descriptive of the labor markets in Spain and France, where the unemployment rates went from the … unemployment rate in Spain has jumped to much higher levels while switching between equilibria or, what is the same, because of …
Persistent link: https://www.econbiz.de/10010502798
qualification. We analyze which personal and economic characteristics determine this willingness and how it changes as unemployment … spells lengthen. Moreover, we also study the influence of this willingness on unemployment duration. The main results are: (i …) Young workers, those less educated and those living in regions with high unemployment show a more positive attitude towards …
Persistent link: https://www.econbiz.de/10014159153
unemployment durations and the stability of jobs found after unemployment before and during the recent crisis. We find particularly … strong effects of the crisis on the hazards in the beginning of the unemployment spell. The groups hit hardest by the crisis … to the more pro-cyclical nature of men's jobs. Decompositions show that the increase in average unemployment duration and …
Persistent link: https://www.econbiz.de/10014124674
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10014083902