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, the model captures the shapes of the empirically observed age profiles of average wages, the unemployment rate, the … unemployment to employment transition rate, and the employment to employment transition rate. …
Persistent link: https://www.econbiz.de/10010338396
This paper investigates the role that pre-immigration skills play in immigrants job-finding processes in Germany. We first show theoretically that the job-finding rate for the high-skilled varies depending on their search strategy: if they are prepared to look for both unskilled as well as...
Persistent link: https://www.econbiz.de/10010481252
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...
Persistent link: https://www.econbiz.de/10010340568
The Finnish unemployment rose in the early 1990's from three to eighteen percent in four years. Unemployment has then … this unforeseen increase in unemployment. We then discuss the role of labour market institutions in the adjustment process … that has brought unemployment back to 'normal' levels. We argue that these institutions cannot be blamed for the increase …
Persistent link: https://www.econbiz.de/10001748397
(1983-2009). We show that, until the early 2000s, close to 60% of changes in the unemployment rate are due to changes in the …
Persistent link: https://www.econbiz.de/10010339386
When workers send applications to vacancies they create a bipartite network. Coordination frictions arise if workers and firms only observe their own links. We show that those frictions and the wage mechanism are in general not independent. Only wage mechanisms that allow for ex post competition...
Persistent link: https://www.econbiz.de/10010343782
We study state dependence in the German welfare system and compare transition patterns before and after recent reforms of the welfare system (Hartz Reforms). Using data from the German Socio-Economic Panel, we apply dynamic multinomial logit estimators and find that welfare transitions have...
Persistent link: https://www.econbiz.de/10010344640
Persistent link: https://www.econbiz.de/10012110555
Persistent link: https://www.econbiz.de/10012660793
exit hazard from unemployment, and to a 2.5 percent decrease in the drop out hazard. It is also associated with a 0.5 EUR …
Persistent link: https://www.econbiz.de/10010342839