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The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010495336
negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …
Persistent link: https://www.econbiz.de/10013319157
illustrate the potential of such methodology using Italian labour market data. First, we decompose the unemployment rate …
Persistent link: https://www.econbiz.de/10012494876
The world faces an unemployment crisis. Across the globe, an estimated 210 million people are unemployed, an increase … extent to which this increase is cyclical or structural. But regardless of the source, unemployment exerts a heavy human toll …
Persistent link: https://www.econbiz.de/10014188236
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
advantage of individual-level longitudinal data to observe the impacts of minimum wage changes on unemployment and labor force … determines unemployment and labor force participation. Specifically, the empirical strategy controls any fixed individual … increase in unemployment immediately following a minimum wage increase. In addition, it does not appear that employers are …
Persistent link: https://www.econbiz.de/10011978325
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between vacancies and unemployed workers. This paper studies the...
Persistent link: https://www.econbiz.de/10013414379
characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …
Persistent link: https://www.econbiz.de/10011474420
, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …
Persistent link: https://www.econbiz.de/10011474648
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …
Persistent link: https://www.econbiz.de/10012206513