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document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …
Persistent link: https://www.econbiz.de/10014502913
The large-scale unemployment caused by the Great Recession has necessitated unprecedented increases in the duration of … unemployment insurance (UI). While it is clear that the weekly payments are beneficial to recipients, workers receiving benefits … changes in the distribution of unemployment benefit duration. We find that search activity is greater when a claimant's UI …
Persistent link: https://www.econbiz.de/10009019875
growth affect the unemployment probability of individuals with varied skills in the United States. The paper goes beyond … between macroeconomic shocks and unemployment. Workers specialized in communication skills exhibit lower unemployment rates …, reduced unemployment volatility, and less sensitivity to macroeconomic fluctuations. …
Persistent link: https://www.econbiz.de/10009359967
Using an analog of the boundary elements method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10008644994
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/10008671246
inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …
Persistent link: https://www.econbiz.de/10011537070
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/10011559606
persisting increases in unemployment. This paper analyses the impacts of the crisis on euro area labour markets, paying … accelerate the adjustment capacity of euro area labour markets and help reduce the current high levels of structural unemployment. …
Persistent link: https://www.econbiz.de/10011606311
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the job loss rate is much...
Persistent link: https://www.econbiz.de/10010262363
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541