This study investigates the causal effects of education on individuals' transitions between employment and unemployment … 16 years of schooling. Evidence on the impact of formal schooling on unemployment incidence is mixed. -- education … ; labour market transitions ; unemployment ; causal effects ; compulsory schooling laws ; child labour laws ; Vietnam War draft …

on unobservables. -- secondary school choice ; school quality ; instrumental variable estimation ; selection on …

This study investigates the causal effects of education on individuals' transitions between employment and unemployment … 16 years of schooling. Evidence on the impact of formal schooling on unemployment incidence is mixed. …

duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …

unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …

this apparent puzzle by modeling skill development (learning by doing on the job, skill loss during unemployment) and … duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. The model …