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In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries … the heterogeneous-worker mechanism proposed by Robin (2011) to explain unemployment volatility by productivity shocks … benefits and product market deregulation stand out as the most prominent policy levers for unemployment reduction. All other …
Persistent link: https://www.econbiz.de/10010254829
Standard economic theory suggests that individuals know best how to make themselves happy. Thus, policies designed to encourage "better" behaviors will only reduce people's happiness. Recently, however, economists have explored the role of impatience, especially difficulties with delaying...
Persistent link: https://www.econbiz.de/10011434104
search requirements for these workers has been shown to initiate higher outflow rates from unemployment for the older …
Persistent link: https://www.econbiz.de/10011434165
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This paper relates an individual’s social capital and the length of unemployment spells of the very same individual … of unemployment. Our results show that an individual’s social capital positively affects an agent’s probability to take … up employment in the next time period. This implies social capital shortens the length of an unemployment spell …
Persistent link: https://www.econbiz.de/10011442073
analyze the unemployment dynamics of job seekers with and without marginal employment, we consider an inflow sample into … unemployment and estimate multivariate duration models. While we do not find any significant impact on the job finding probability … probability of marginal employment at the beginning of the unemployment spell and an increased job finding probability for the …
Persistent link: https://www.econbiz.de/10011528180
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This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …) differences across European countries in the role played respectively by unemployment and labor force participation. The model …
Persistent link: https://www.econbiz.de/10011517164
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