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The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …
Persistent link: https://www.econbiz.de/10010261377
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force …
Persistent link: https://www.econbiz.de/10011449837
The paper presents a general equilibrium model of search unemployment that incorporates absence from work as a distinct … labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the …
Persistent link: https://www.econbiz.de/10005761706
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …
Persistent link: https://www.econbiz.de/10005642483
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … benefits affect individual decisions on absence and search and the implications for employment, unemployment and … as random shocks to individual utility functions, interacts with individual search and labor supply decisions and …
Persistent link: https://www.econbiz.de/10010321523
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force …
Persistent link: https://www.econbiz.de/10010261222
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … benefits affect individual decisions on absence and search and the implications for employment, unemployment and … as random shocks to individual utility functions, interacts with individual search and labor supply decisions and …
Persistent link: https://www.econbiz.de/10005644525
in more detail labour flexibility, namely labour market flows, long-term unemployment and labour force deprivation. The … third part addresses wage flexibility and relative wages, with special attention paid to regional unemployment elasticity of … labour mobility, labour deprivation due to long-term unemployment, skill mismatch and emerging signs of inflexibility in wage …
Persistent link: https://www.econbiz.de/10005094095
the job search behavior of unemployed individuals, incorporating institutional features of the monitoring of search … care system on unemployment durations. We estimate that for around 25% of unemployed workers, removing the channel that … enables strategic sick reporting reduces the mean unemployment duration by 4 days. …
Persistent link: https://www.econbiz.de/10014391203
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … and second when search effort is not observable. To decentralize these optima, employees should be unable to extract a … optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …
Persistent link: https://www.econbiz.de/10010276945