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In our model, workers are embedded within a network of social relationships and can communicate through word-of-mouth. They can find a job either through formal agencies or through informal networks of contacts (word-of-mouth communication). From this micro scenario, we derive an aggregate...
Persistent link: https://www.econbiz.de/10005789195
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10005504450
We show how small initial wealth differences between low skilled black and white workers can generate large differences in their labour-market outcomes. This even occurs in the absence of a taste for discrimination against blacks or exogenous differences in the distance to jobs. Because of the...
Persistent link: https://www.econbiz.de/10005504534
Randomized experiments provide policy relevant treatment effects if there are no spillovers between participants and nonparticipants. We show that this assumption is violated for a Danish activation program for unemployed workers. Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011083719
With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including...
Persistent link: https://www.econbiz.de/10011083755
accepted wages from the National Longitudinal Survey of Youth (NLSY). The likelihood function explicitly incorporates all the …
Persistent link: https://www.econbiz.de/10005067361
programme significantly raised transitions to employment by about five percentage points (about 20% over the pre-program base …
Persistent link: https://www.econbiz.de/10005067600
uninterrupted employment, or the distribution of year-to-year earnings changes. Specifically, we show within an otherwise standard …
Persistent link: https://www.econbiz.de/10005067662
workers exploiting administrative records covering all employment relationships established in a specific local labor market … conditional of a wide range of predictors for the displaced and his contacts' employment status, such as lagged wages and labor … market attachment. We find that contacts' current employment rate has statistically significant effects on unemployment …
Persistent link: https://www.econbiz.de/10005661496
like employment and income, for adult female individuals without work in European countries. We consider skill …-training programs, monitoring and sanctions, job search assistance, and employment subsidies. The results are remarkably uniform across …
Persistent link: https://www.econbiz.de/10005662001