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Labor Market Cycles, Unemployment Insurance Eligibility, and Moral Hazard
Faig, Miquel; Zhang, Min - In: Review of Economic Dynamics 15 (2012) 1, pp. 41-56
If entitlement to UI benefits must be earned with employment, generous UI is an additional benefit to working, so, by itself, it promotes job creation. If individuals are risk neutral, then there is a UI contribution scheme that eliminates any effect of UI on employment decisions. As with...
Persistent link: https://www.econbiz.de/10009293001
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Aggregate and Idiosyncratic Risk in a Frictional Labor Market
Rudanko, Leena - Department of Economics, Boston University - 2008
of job search with aggregate productivity shocks, where i) workers face incomplete markets, and ii) wages are determined …
Persistent link: https://www.econbiz.de/10004991578
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Are Recessions Really Good for Your Health? Evidence from Canada
Ariizumi, Hideki; Schirle, Tammy - Vancouver School of Economics - 2011
This study investigates the relationship between business cycle fluctuations and health in the Canadian context, given that a procyclical relationship between mortality rates and unemployment rates has already been well established in the U.S. literature. Using a fixed effects model and...
Persistent link: https://www.econbiz.de/10008852549
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Marriage and Divorce under Labor Market Uncertainty
Holzner, Christian; Schulz, Bastian - 2019
propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for …
Persistent link: https://www.econbiz.de/10012099150
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Marriage and divorce under labor market uncertainty
Holzner, Christian; Schulz, Bastian - 2019 - Preliminary version
propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for …
Persistent link: https://www.econbiz.de/10012304704
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Animal spirits, investment and unemployment : an old Keynesian view of the Great Recession
Guerrazzi, Marco - In: Economia : revista da ANPEC 16 (2015) 3, pp. 343-358
Great Recession. Specifically, following Farmer (2013), I set forth a search framework in which households decide about …
Persistent link: https://www.econbiz.de/10011865573
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Unemployment and Endogenous Reallocation over the Business Cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - Volkswirtschaftliche Fakultät, … - 2012
labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
Persistent link: https://www.econbiz.de/10011259507
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Chapter 7. Search in Macroeconomic Models of the Labor Market
Rogerson, Richard; Shimer, Robert - In: Handbook of labor economics : volume 4, part A, (pp. 619-700). 2011
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes … market outcomes for a large set of OECD countries. We then ask how models with search improve our understanding of these data …. Our results are mixed. Search models are useful for interpreting the behavior of some additional data series, but search …
Persistent link: https://www.econbiz.de/10014025126
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Labor market dynamics with sorting
Schulz, Bastian - 2023
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
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Testing for asymmetry in British, German and US unemployment data
Kohns, Stephan - 2001
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an asymmetric pattern in the evolution of unemployment,...
Persistent link: https://www.econbiz.de/10011403213