Showing 131 - 140 of 12,139
This paper studies whether the transition from a centrally planned to a market economy offers fundamentally new perspectives for those who, in economic terms, were relatively deprived under the old regime. Previous empirical research on this question has been limited by the availability of...
Persistent link: https://www.econbiz.de/10011301424
There is considerable debate on whether the prospects of entering a high-paid job are better for those in low-paid jobs compared to the unemployed. Whilst some scholars argue that there is a scarring effect of unemployment others highlight that low pay might signal a low productivity and...
Persistent link: https://www.econbiz.de/10011301441
This paper investigates how the increasing labor supply of fresh graduates with modern IT (information technology) skills impacts the careers of incumbent workers during periods of fundamental technological change. To identify the causal effect within a difference-in-difference framework, we...
Persistent link: https://www.econbiz.de/10011301447
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011301528
The aim of the paper is to examine the consequences of displacement on unemployment duration. Due to ex-ante asymmetric information about the productivity of unemployed applicants, prospective employers use the type of displacement as a costless signal about the ability of the worker when making...
Persistent link: https://www.econbiz.de/10011301577
This paper presents a search model with heterogeneous workers, social networks and endogenous search intensity. There are three job search channels available to the unemployed: costly formal applications and two costless informal channels - through family and professional networks. The gain from...
Persistent link: https://www.econbiz.de/10011301588
The financial crisis led to severe crises in much of Southern Europe that generated deep economic problems that still have not been resolved. Many of these economies (Greece, Italy, Spain and Portugal) witnessed not only large drops in aggregate activity but also rising levels of debt and...
Persistent link: https://www.econbiz.de/10011301667
We develop and empirically test a labor market model with Public Employment Agencies (PEA) in order to understand why not all vacancies use the costless services provided by the PEA. We show that both the search market and the PEA can be active in equilibrium. In such an equilibrium, workers...
Persistent link: https://www.econbiz.de/10011301693
We analyze the impact of job displacement on women s first birth rates and its variation over the business cycle. We exploit mass-layoffs to estimate the impact of involuntary unemployment on fertility in the short- and medium-run up to five years after displacement. The analysis is based on...
Persistent link: https://www.econbiz.de/10011301696
Working time accounts allow rms to smooth their demand for hours employed. Descriptive literature suggests that this reduces turnover and inhibits increase in unemployment during recessions. We model theoretically the optimal choice of hours by a rm with a working time account. We show that...
Persistent link: https://www.econbiz.de/10011301704