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This paper studies the decline in labor market turnover over recent decades, in particular, the job finding and separation rates. I analyze the role of an increase in specialization of jobs in accounting for this decline, where specialization is defined as the impact of mismatch on match...
Persistent link: https://www.econbiz.de/10014088684
, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …
Persistent link: https://www.econbiz.de/10013141344
Persistent link: https://www.econbiz.de/10001472643
of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10011413539
This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …
Persistent link: https://www.econbiz.de/10010390780
Many workers believe that personal contacts are crucial for obtaining jobs in high-wage sectors. On the other hand, firms in high-wage sectors report using employee referrals because they help provide screening and monitoring of new employees. This paper develops a matching model that can...
Persistent link: https://www.econbiz.de/10011414855
earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital … downturn, as documented in the empirical literature. At the aggregate level, the framework delivers youth unemployment rates … that are higher and more sensitive to fluctuations in aggregate productivity than total unemployment rates. Additionally …
Persistent link: https://www.econbiz.de/10011389663
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …
Persistent link: https://www.econbiz.de/10010202667
worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 ….14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this …
Persistent link: https://www.econbiz.de/10010350848
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837