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between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10011603707
In this paper, we investigate the unemployment dynamics and the determinants of the Beveridge curve in Greece. The … economic recession alongside labor market reforms raised the inflow rate to and decreased the outflow rate from unemployment in … inverse relationship between unemployment and vacancies in Greece, which is driven by the post-crisis developments. …
Persistent link: https://www.econbiz.de/10011991895
-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …
Persistent link: https://www.econbiz.de/10011995499
Persistent link: https://www.econbiz.de/10011695612
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10011994631
Persistent link: https://www.econbiz.de/10011695746
This paper introduces endogenous on-the-job training in the job creation and destruction model of the search and matching type by García-Pérez and Osuna (Dual labour markets and the tenure distribution: Reducing severance pay or introducing a single contract, 2014). The objective is to compare...
Persistent link: https://www.econbiz.de/10011306670
monthly transitions among employment, unemployment, and nonparticipation. Immigrants are found to be first fired and first … hired over the business cycle, and the aggregate unemployment gap is caused by immigrants' higher rates in the unemployment …
Persistent link: https://www.econbiz.de/10012012113
Scarce empirical evidence exists for Germany regarding the cyclical aspects of worker reallocation. Furthermore, it is assumed that the cyclical influence on transition rates is the same for all demographic groups. However, one can expect that each subgroup is differentially influenced by the...
Persistent link: https://www.econbiz.de/10011650718
Labor market frictions are able to induce sluggish aggregate employment dynamics. However, these frictions have strong implications for the source of this propagation: they distort the path of aggregate employment by impeding the flow of labor across firms. For a canonical class of frictions, we...
Persistent link: https://www.econbiz.de/10012215387