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This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary e.ects of...
Persistent link: https://www.econbiz.de/10011539071
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary effects of...
Persistent link: https://www.econbiz.de/10001731763
Persistent link: https://www.econbiz.de/10010410722
In this paper I use data on geographic mobility from the Survey of Income and Program Participation (SIPP) and state-year variation in unemployment insurance (UI) laws to evaluate the link between unemployment benefit generosity and mobility decisions of unemployed workers in the United States...
Persistent link: https://www.econbiz.de/10013011375
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This paper studies the role of job-to-job transitions in driving unemployment dynamics. Three stylized facts emerge from applying and extending a well-known stocks-flows based decomposition to the UK and US labour markets for the past two decades. First, the variations in the job-to-job...
Persistent link: https://www.econbiz.de/10012911060