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the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires … search on either side of the labor market. Third, we allow for multiple types of jobseekers and consider an "augmented …
Persistent link: https://www.econbiz.de/10012206513
hiring efforts, and separation. Separation accounts for about 40% of unemployment's variance, compared to 60% for vacancy …What is the relative importance of hiring and separation in driving unemployment fluctuations? This paper presents a … framework to decompose the moments of unemployment and study the respective contributions of vacancy posting, a measure of firms …
Persistent link: https://www.econbiz.de/10010871050
theoretical models of search, matching, and hiring in the labor market …The authors study vacancies, hires, and vacancy yields (success rate in generating hires) in the Job Openings and Labor … benefit of a vacancy, as defined by JOLTS. These findings provide useful inputs for assessing, developing, and calibrating …
Persistent link: https://www.econbiz.de/10014205655
suggest that regional mismatch did not play an important role in explaining movements of aggregate unemployment. Across … industries and occupations, there was a decrease in mismatch unemployment from over 5 percent to below 4 percent (on the highest … disaggregation level), whereas the share of mismatch unemployment (across industries and occupations) within total unemployment …
Persistent link: https://www.econbiz.de/10009788092
business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality … private capital stock, and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Income …
Persistent link: https://www.econbiz.de/10011557923
performance, we apply a gross flow analysis based on EU-SILC longitudinal data. While in Spain increases in youth unemployment … uniformly, also to the jobfinding rates. Survival functions estimates point to prolonged unemployment duration and increasing … long term unemployment, while both these tendencies apply relatively more to the young unemployed. Proportional hazard …
Persistent link: https://www.econbiz.de/10010505141
One of the key challenges of social policy in Poland in the early 21st century is to adapt its management to the requirements of a service economy. Essential conditions for the mixed economy of welfare have been already created after adjustments of the subsystems of national social policy during...
Persistent link: https://www.econbiz.de/10011450482
employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …
Persistent link: https://www.econbiz.de/10012415847
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010300343
performance, we apply a gross flow analysis based on EU-SILC longitudinal data. While in Spain increases in youth unemployment … uniformly, also to the jobfinding rates. Survival functions estimates point to prolonged unemployment duration and increasing … long term unemployment, while both these tendencies apply relatively more to the young unemployed. Proportional hazard …
Persistent link: https://www.econbiz.de/10011340607