Showing 81 - 90 of 120,519
the unemployment rate in booms and expansions, as they heavily affect the autocorrelation of aggregate consumption and the …
Persistent link: https://www.econbiz.de/10010434845
A search and matching model, when calibrated to the mean and volatility of unemployment in the postwar sample, can … potentially explain the unemployment crisis in the Great Depression. The limited responses of wages from credible bargaining to … labor market conditions, along with the congestion externality from matching frictions, cause the unemployment rate to rise …
Persistent link: https://www.econbiz.de/10010411443
sets of results for family time together. -- unemployment ; time use ; time together ; Great Recession ; nonstandard work … Statistics data on state-level unemployment rates. Couple time together is U-shaped; while fathers spend more time engaging in … enriching childcare activities without a spouse present as the unemployment rate rises. Patterns are similar for dual …
Persistent link: https://www.econbiz.de/10009537228
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …
Persistent link: https://www.econbiz.de/10003827228
comovement of real wages is related to a common factor that exhibits a mild correlation with the national unemployment rate. Our …
Persistent link: https://www.econbiz.de/10003746900
In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...
Persistent link: https://www.econbiz.de/10011498689
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10011403213
Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10011403854
This study examines individuals' unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals' unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10011403856
In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...
Persistent link: https://www.econbiz.de/10011414121