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The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We …, tighter credit leads to lower output, lower number of vacancies, and higher directed-search unemployment. Where workers are …
Persistent link: https://www.econbiz.de/10013210414
simultaneously determined in market equilibrium. We structurally estimate the search cost distribution, the implied matching …
Persistent link: https://www.econbiz.de/10013316841
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10012999021
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage …
Persistent link: https://www.econbiz.de/10014354714
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …
Persistent link: https://www.econbiz.de/10009530289
this apparent puzzle by modeling skill development (learning by doing on the job, skill loss during unemployment) and … duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. The model …
Persistent link: https://www.econbiz.de/10009126080
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10011595910
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10012966057
duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …
Persistent link: https://www.econbiz.de/10013111209
Persistent link: https://www.econbiz.de/10014461043