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sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). …
Persistent link: https://www.econbiz.de/10005558683
Active labor market policies are massively used with the objective being to improve labor market outcomes of individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy effectiveness. We emphasize insights from recent randomized...
Persistent link: https://www.econbiz.de/10011580552
Active labor market policies are massively used with the objective being to improve labor market outcomes of individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy effectiveness. We emphasize insights from recent randomized...
Persistent link: https://www.econbiz.de/10011598126
We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10005703577
crucial to understand the main labor market outcomes of such economies. Wages offered by the public sector increase the … increase of the offered wages in the public sector observed at the same time. …
Persistent link: https://www.econbiz.de/10011732030
and those predicted to face a penalty compared to their pre-unemployment wage display overly optimistic wage expectations …
Persistent link: https://www.econbiz.de/10015044969
education shows positive effects for the unemployed with respect to both the employment probability and wages. To explain the …
Persistent link: https://www.econbiz.de/10010251042
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10011452214
In this paper we provide the first evidence on workers' perceptions of the returns to job search effort. The perceived job finding probability is nearly linear in hours searched and only slightly concave for most respondents. While workers are over-optimistic about the probability of receiving a...
Persistent link: https://www.econbiz.de/10013209282
Social networks may affect workers' labor market outcomes. Using rich spatial data from administrative records, we analyze whether the employment status of neighbors influences the employment probability of a worker who lost his job due to a plant closure and the channels through which this...
Persistent link: https://www.econbiz.de/10011596169