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Although home-ownership has been shown to restrict geographic labor mobility and to affect job search behavior of unemployed, there is no evidence so far on how it affects their future re-employment outcomes. We use two waves of detailed German survey data of newly unemployed individuals to...
Persistent link: https://www.econbiz.de/10010510001
This paper adds a quasi-network to a search model of the labor market. Fitting the model to an average unemployment … unemployment and job finding rates. However, the network creates downward sloping reemployment hazards which the basic model does … detail we find that the network gets partially destroyed in periods of high unemployment and generates less job creation per …
Persistent link: https://www.econbiz.de/10013137295
the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for …We test the predictions of an equilibrium search model about the effects of an increase in the maximum duration of … unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased …
Persistent link: https://www.econbiz.de/10011710699
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …
Persistent link: https://www.econbiz.de/10010423759
. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …
Persistent link: https://www.econbiz.de/10011382706
Persistent link: https://www.econbiz.de/10003845416
"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and … calibrate it to U.S. data. The results indicate that more than 70 percent of the increase in the duration of unemployment over …
Persistent link: https://www.econbiz.de/10002521759
Persistent link: https://www.econbiz.de/10009509134
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … over the course of the recession. -- gross worker flows ; unemployment duration ; decomposition analysis ; Blinder-Oaxaca … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further …
Persistent link: https://www.econbiz.de/10009531445
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from … differences between the micro and macro unemployment definitions. The results also show to what extent the unemployment duration … unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the …
Persistent link: https://www.econbiz.de/10011299970