Showing 1 - 10 of 4,660
Purpose This paper explores the evidence of a long-run co-movement between aggregate unemployment insurance spending … and the labor force participation rate in the USA. The unemployment insurance (UI) program tends to expand during an … economic downturn and contract during an expansion. UI may incentivize unemployment and may also facilitate better matching in …
Persistent link: https://www.econbiz.de/10014418035
The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …
Persistent link: https://www.econbiz.de/10010240062
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
Persistent link: https://www.econbiz.de/10010202667
business background (CEO governors), focusing on the growth rate of real personal income per capita, unemployment rate, and … annual income growth rate and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Also …
Persistent link: https://www.econbiz.de/10011285355
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10011448440
. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …
Persistent link: https://www.econbiz.de/10011382706
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …
Persistent link: https://www.econbiz.de/10011325985
We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …
Persistent link: https://www.econbiz.de/10011647679
Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …
Persistent link: https://www.econbiz.de/10011791237
business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality … private capital stock, and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Income …
Persistent link: https://www.econbiz.de/10011557923