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This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10013080876
This paper provides a model of "social hysteresis," whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10011084645
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10010884315
This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances fall....
Persistent link: https://www.econbiz.de/10010319518
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …
Persistent link: https://www.econbiz.de/10008727778
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …
Persistent link: https://www.econbiz.de/10010278707
and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …
Persistent link: https://www.econbiz.de/10011300631
labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …
Persistent link: https://www.econbiz.de/10012269664
How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we … job market with search effort and labor force participation decisions while varying the maximum length of unemployment … effort when unemployment benefits are extended. However, individuals are more likely to participate in the labor force and to …
Persistent link: https://www.econbiz.de/10012179598