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We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10010440544
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
Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …
Persistent link: https://www.econbiz.de/10008688999
Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …
Persistent link: https://www.econbiz.de/10008652132
Using recent results in the measurement error literature, we show that the official U.S. unemployment rate … substantially underestimates the true level of unemployment, due to misclassification errors in the labor force status in the … Current Population Survey. During the period from January 1996 to August 2011, the corrected monthly unemployment rates are …
Persistent link: https://www.econbiz.de/10009533579
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/10013319961
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of S¸ahin et al. (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third quarter...
Persistent link: https://www.econbiz.de/10013295149
Using recent results in the measurement error literature, we show that the official U.S. unemployment rates … substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current …. During the period of 1996 to 2009, the corrected monthly unemployment rates are 1 to 4.6 percentage points (25% to 45 …
Persistent link: https://www.econbiz.de/10013141212
Persistent link: https://www.econbiz.de/10013428556
and effects of youth unemployment using micro-data. It argues that there is convincing evidence that the young are … particularly susceptible to the negative effects of spells of unemployment well after their initial experience of worklessness …. Because the current youth cohort is relatively large, the longer-term outlook for youth unemployment is quite good, but there …
Persistent link: https://www.econbiz.de/10003935007