employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial …We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use … information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking by …

employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial …We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use … information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking by …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these …We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use … information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking of …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these …We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use … information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking of …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these …We formulate an efficiency wage model with on-the-job search where wages depend on turnover and employers may use … information on whether the searching worker is employed or unemployed as a hiring criterion. We show theoretically that ranking of …

This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with … turnover costs and on-the-job search. Firms are unable to differentiate wages and therefore prefer to hire employed searchers …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …

This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with … turnover costs and on-the-job search. Firms are unable to differentiate wages and therefore prefer to hire employed searchers …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …

This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with … turnover costs and on-the-job search. Firms are unable to differentiate wages and therefore prefer to hire employed searchers …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …

well, e.g. turnover, that may make it optimal not to set wages that fully reflect productivity differences. Instead, it may …

.14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this … worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 … rigidity is constructed and the index is shown to have positive correlation with the persistence. Moderating macroeconomic …