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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
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
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
The present research provides evidence on the determinants driving the differences in the unemployment …
Persistent link: https://www.econbiz.de/10012129903
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the...
Persistent link: https://www.econbiz.de/10003158646
combination of some of the actions. -- Active labour market policies ; unemployment ; propensity score matching …
Persistent link: https://www.econbiz.de/10003931337
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10009312950
countries and led to gender convergence in aggregate unemployment rates. In this paper we seek the sources of this recent … convergence by using Social Security records on individuals to study the determinants of unemployment ins and outs over the course … of a whole business cycle, i.e. 2000‐2013. We focus on Spain – a country hit hard by unemployment increases in downturns …
Persistent link: https://www.econbiz.de/10011288536
The Spanish labour market is characterised by high levels of unemployment, which have increased during the global …% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important … (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance …
Persistent link: https://www.econbiz.de/10011543200