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Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a … negative impact of high unemployment periods on labor market outcomes of disadvantaged groups, making extension of high …
Persistent link: https://www.econbiz.de/10012852979
This paper explores the mean-reverting behavior of the unemployment rate using monthly geographically disaggregated … regimes at unknown points of time. We find that the Great Recession also altered the persistence of the unemployment rate …
Persistent link: https://www.econbiz.de/10012857002
unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …
Persistent link: https://www.econbiz.de/10012857128
I interpret the empirical evidence on government spending multipliers using an equilibrium model of unemployment in … consumption cost of unemployment …
Persistent link: https://www.econbiz.de/10012860040
This paper explains differences in unemployment duration among displaced workers by differences in their skills, using … by 7%. The impact of education, however, on exiting unemployment is less pronounced the higher the displaced worker …
Persistent link: https://www.econbiz.de/10012860069
, interest rates and unemployment in a cointegration framework. Utilizing the nonlinear auto-regressive distributed lag (NARDL …) approach, we show the asymmetric responses of unemployment to changes in oil prices, oil price uncertainty and interest rates … increased unemployment while there is no significant impact of reduced oil prices. On the other hand, reduced oil price …
Persistent link: https://www.econbiz.de/10012860192
has not been a good predictor of whether the unemployment rate at the end of the expansion following a shift was higher or …
Persistent link: https://www.econbiz.de/10013048322
Skill erosion during unemployment was of particular concern as unemployment duration increased in the Great Recession … unemployment pool's skill composition, and hence the output produced by other firms' new hires. As a consequence, job creation is …
Persistent link: https://www.econbiz.de/10013048390
This paper examines how the interactions between changes in regional rates of unemployment and nascent entrepreneurs … and entrepreneurship training will moderate the impact of regional unemployment rate changes on growth aspirations. We use …. While the negative effect of an increase in the unemployment rate reduces growth aspirations of entrepreneurs irrespective …
Persistent link: https://www.econbiz.de/10013049198
between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities … quantile regressions confirm the positive link between unemployment and crime for property crimes, results for assault differ …
Persistent link: https://www.econbiz.de/10013049754