Showing 121 - 130 of 118,631
partners in the marriage market and switch between employment and unemployment in the labor market. In the marriage market … labor market divorces triggered by unemployment has decreased significantly. …
Persistent link: https://www.econbiz.de/10012304704
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011878536
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011879040
higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to … aggregate shocks. The model is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment … explains 70% of unemployment volatility …
Persistent link: https://www.econbiz.de/10011709249
to avoid elevated unemployment rates during the transition. …
Persistent link: https://www.econbiz.de/10014267170
In this study we develop and calibrate a search and matching model of the German labour market and analyze the impact of recent immigration. Our model has two production sectors (manufacturing and services), two skill groups and two ethnic groups of workers (natives and immigrants). Moreover, we...
Persistent link: https://www.econbiz.de/10012980772
results shown by Acemoglu and Pischke regarding the effect of unemployment on the firms' training decisions become ambiguous …. In fact, two contrasting effects have to be considered: on the one hand, unemployment encourages training provision by … unemployment rate is higher. When wages are little responsive to unemployment, this second effect might prevail …
Persistent link: https://www.econbiz.de/10014115186
I propose a new search-and-matching model in which wage rigidity and volatile unemployment endogenously arise. The …-the-job search and replacement hiring into a long-lived jobs framework. The presence of replacement hiring (i) enhances unemployment …
Persistent link: https://www.econbiz.de/10014083443
This paper investigates the age-dependency of participation and unemployment by integrating job search with … that the age pattern of search unemployment does not match observed unemployment and we propose a new concept of 'voluntary …' unemployment that agrees well with observations. unemployment, retirement …
Persistent link: https://www.econbiz.de/10014086859
This paper analyzes technology choices and unemployment in search equilibrium. In contrast to standard search models …
Persistent link: https://www.econbiz.de/10014089073