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asymmetry and sensitivity of labor force participation decisions are found across gender, age, and education groups, and these …. -- Asymmetric labor force participation decision ; unemployment rate ; business cycle ; gender ; education ; age …
Persistent link: https://www.econbiz.de/10003730465
The cyclical behavior of hours of work, wages, and consumption does not conform with the prediction of the representative agent with standard preferences. The residual in the intra-temporal first-order condition for commodity consumption and leisure is often viewed as a failure of labor-market...
Persistent link: https://www.econbiz.de/10013097141
This paper examines how job quality varies over the cycle. Empirical evidence from the National Longitudinal Survey of Youth (NLSY) suggests match quality is procyclical. This interpretation is corroborated in a calibrated model with on-the-job search. In the model, more high quality matches are...
Persistent link: https://www.econbiz.de/10013007731
asymmetry and sensitivity of labor force participation decisions are found across gender, age, and education groups, and these …
Persistent link: https://www.econbiz.de/10012709676
We study how idiosyncratic earnings risk evolves over the business cycle in Italy and in the US. We distinguish between two sources of risk to annual earnings growth: changes in employment time (number of weeks of employment within a year) and changes in weekly earnings. Shocks to employment...
Persistent link: https://www.econbiz.de/10012967354
The economic crisis of 2008-2009, the most important that France knew since the Second world war, had a significant impact on the employment situation but, in relation with the fall of the production, the observed destructions of jobs were less large this time than during the recession of...
Persistent link: https://www.econbiz.de/10008765862
Labour force participation rates vary greatly by age, with persons 55 and over having much lower participation rates …-participation rate 65 and over age group. The movement of the baby boom generation into the 65 and over group in coming years will ….5 points. Of course, greater than expected trend increases in labour force participation rates by older age groups could offset …
Persistent link: https://www.econbiz.de/10005481873
factors, such as the growing recognition of the importance of education for success on the job market. Structural factors were … as a cyclical response to weak employment opportunities in Canada. The authors find composition changes in the age … factors affecting labour force participation of the major age-sex groups, the authors forecast a rise in the aggregate …
Persistent link: https://www.econbiz.de/10005481874
generosity; an age or life-cycle effect; and a cohort-specific effect which shows the differences between cohorts for a given age … cohort effect so that the age profile and its slope can trace both the rise and the flattening of the participation rate by … age. They point out that over time participation behaviour of women 25-64 is converging toward that of men, namely, high …
Persistent link: https://www.econbiz.de/10005650261
fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks …
Persistent link: https://www.econbiz.de/10010502790