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Subsidizing the geographical mobility of unemployed workers may improve welfare by relaxing their financial constraints … and allowing them to find jobs in more prosperous regions. We exploit regional variation in the promotion of mobility … mobility - as intended - causes job seekers to increase their search radius, apply for and accept distant jobs. At the same …
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firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …
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This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10013144962
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10012462750
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth on unemployment compared to the standard matching model with disembodied technological progress … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10014208790