-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer …

competition in the product market may drive skilled and unskilled workers together, even though unskilled workers use their …

competition in the product market may drive skilled and unskilled workers together, even though unskilled workers use their …

of the unemployment experience are taken into account: i) displacement risk, measured by the probability of moving from … employment into unemployment; ii) job-search effectiveness measured by the probability of moving from unemployment into … the effect is positive in the most recent periods. For native transition from employment to unemployment a complementary …