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unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs. …
Persistent link: https://www.econbiz.de/10011400768
In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models …
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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
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This paper examines the determinants of unemployment duration in a competing risks framework with two destination … unemployment. Although we do not reject the null of proportionality, abandoning the proportionality assumption does not materially …
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