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We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...
Persistent link: https://www.econbiz.de/10011382706
We investigate the use of various job search strategies and their impact on the probability of subsequent employment and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres are the two most common methods of job search and that...
Persistent link: https://www.econbiz.de/10009750237
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii) themax-mean wage differential. The latter measure of wage...
Persistent link: https://www.econbiz.de/10011257030
The research on intergenerational correlations in outcomes is increasingly moving from measurement into assessment of causal transmission mechanisms. This paper analyses the causal impact of fathers’ job loss on their children’s educational attainment and later economic outcomes. To do so,...
Persistent link: https://www.econbiz.de/10011261669
Issues regarding future and employment represent some of the most important problems facing the economy. Work and all productive activities aimed at increasing the wealth of nations and thus create a better life for all people. In terms of labour market restructuring of the economy has...
Persistent link: https://www.econbiz.de/10011195772
We use individual data for Great Britain over the period 1992-2009 to compare the probability that employed and unemployed job seekers find a job and the quality of the job they find. The job finding rate of unemployed job seekers is 50 percent higher than that of employed job seekers, and this...
Persistent link: https://www.econbiz.de/10009216753
The economic crisis of 2008-2009, the most important that France knew since the Second world war, had a significant impact on the employment situation but, in relation with the fall of the production, the observed destructions of jobs were less large this time than during the recession of...
Persistent link: https://www.econbiz.de/10008765862
Previous work has shown that there is a significant intergenerational correlation of worklessness for the UK which varies across local labour markets (Macmillan, 2011). Using a decomposition from the intergenerational mobility literature (Blanden et. al, 2007), this research is the first to...
Persistent link: https://www.econbiz.de/10010850095
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...
Persistent link: https://www.econbiz.de/10010812034
In this paper, we study the role of occupational skills in individuals’ labor market transitions. Using rich data on skills required in occupations, we introduce a concept of occupation-specific human capital and develop empirical measures for occupational specificity and occupation distance....
Persistent link: https://www.econbiz.de/10011105026