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This chapter summarizes the latest state of the art in economic research on unemployment and subjective well …. Topics covered include the estimation of non-pecuniary costs of unemployment, unemployment over time, the role of others …' unemployment, spill-over effects, and re-employment, among others. …
Persistent link: https://www.econbiz.de/10012417634
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842
When vacancies are filled, the ads that were posted are often not withdrawn, creating "phantom" vacancies. The existence of phantoms implies that older job listings are less likely to represent true vacancies than are younger ones. We assume that job seekers direct their search based on the...
Persistent link: https://www.econbiz.de/10012291017
less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …
Persistent link: https://www.econbiz.de/10011992330
This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal private sectors are taken into account. Theoretical analysis shows that gains from reforms aiming at liberalizing formal labor markets can...
Persistent link: https://www.econbiz.de/10011732030
Unemployment causes significant losses in the quality of life. In addition to reducing individual income, it also … show that, without this distinction, the non-pecuniary costs of unemployment are overestimated by roughly one …-third. Nevertheless, the non-pecuniary costs of unemployment with this modified quantification method still amount to 2.3 (1.5) times the …
Persistent link: https://www.econbiz.de/10011630069
This paper explores the relationship between unemployment and crime in Greece before and during the crisis using panel … specific crime categories and male unemployment only during the crisis, a weaker effect of long term unemployment only on the …
Persistent link: https://www.econbiz.de/10011573167
analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …
Persistent link: https://www.econbiz.de/10011513025
Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to … panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected … just over 10000 observations, we predict changes in the unemployment rate 12 months ahead. We do so using individuals …
Persistent link: https://www.econbiz.de/10013540387
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013342929