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Mismatch, Sorting and Wage Dynamics
Lise, Jeremy - 2013
We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …
Persistent link: https://www.econbiz.de/10013088486
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Structural or cyclic? : labor markets in recessions : how should policy respond to higher unemployment?
Lazear, Edward P. - 2014
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing debate. One view suggests there are fundamental changes in the labor market that imply a long-term higher rate of unemployment, requiring the implementation of structural policy...
Persistent link: https://www.econbiz.de/10011413609
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Informal Unemployment Insurance and Labor Market Dynamics
Herkenhoff, Kyle - 2012
How do job losers use default -- a phenomenon 6x more prevalent than bankruptcy -- as a type of “informal" unemployment insurance, and more importantly, what are the social costs and benefits of this behavior? To this end, I establish several new facts: (i) job loss is the main reason for...
Persistent link: https://www.econbiz.de/10013097372
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Unemployment Insurance Experience Rating and Labor Market Dynamics
Ratner, David - 2014
Unemployment insurance experience rating imposes higher payroll tax rates on firms that have laid off more workers in the past. To analyze the effects of UI tax policy on labor market dynamics, this paper develops a search model of unemployment with heterogeneous firms and realistic UI...
Persistent link: https://www.econbiz.de/10013061201
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Unemployment Durations and Extended Unemployment Benefits in Local Labor Markets
Jurajda, Stepan; Tannery, Frederick J. - 2010
Many empirical studies have confirmed the theoretical prediction that longer-term Unemployment Insurance (UI) entitlement leads to longer unemployment duration. Most of those studies have examined special programs that provide extra weeks of unemployment benefits when unemployment rates in the...
Persistent link: https://www.econbiz.de/10014088669
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Better workers move to better firms : a simple test to identify sorting
Bartolucci, Cristian; Devicienti, Francesco - 2013
strength of assortative matching. The basic intuition underlying our empirical strategy is that, in the presence of positive … (negative) assortative matching, good workers are more (less) likely to move to better firms than bad workers. Assuming that … matching is pervasive in the labor market. This result is in contrast with what we find from correlating the worker and firm …
Persistent link: https://www.econbiz.de/10010125811
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Can active labor market policy be counter-productive?
Saint-Paul, Gilles - 2014
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …
Persistent link: https://www.econbiz.de/10010418002
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The cyclicality of labor market flows : a multiple-shock approach
Hairault, Jean-Olivier; Zhutova, Anastasia - 2014
model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models … a shock to the efficiency of the matching process (search shock). The two former shocks generate a quite balanced …
Persistent link: https://www.econbiz.de/10010417964
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Designing unemployment benefits in developing countries : for unemployment benefit programs, the key policy issues are the level of benefits and subsidies and the types of taxes us...
Robalino Aguirre, David A. - 2014
In reforming unemployment benefit systems, the policy debate should be on the appropriate level of benefits, the subsidies needed for people who cannot contribute enough, and how to finance the subsidies, rather than on whether unemployment insurance or individual unemployment savings accounts...
Persistent link: https://www.econbiz.de/10011414100
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Business cycle dependent unemployment insurance
Andersen, Torben M.; Svarer, Michael - 2010
The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching …
Persistent link: https://www.econbiz.de/10010274601