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In 1996 the UK made major changes to its welfare system for the support of the unemployed with the introduction of the Jobseeker’s Allowance. This tightened the work search requirements needed for eligibility for benefit. It resulted in large flows out of claimant status, but, this paper...
Persistent link: https://www.econbiz.de/10010745427
the unemployment rate, but also by changes in the proportion of formal or protected jobs. This reallocation between formal … workers to informal jobs, where job separation is high. They are also likely to increase unemployment. …
Persistent link: https://www.econbiz.de/10010745618
It is increasingly recognized that labour markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labour markets as imperfectly competitive, reviews estimates on the...
Persistent link: https://www.econbiz.de/10010745736
This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the … successfully absorb the workers released from the agriculture and industry sector. The result is higher unemployment. …
Persistent link: https://www.econbiz.de/10010745773
We use a simple job search model to explain the doubling of mean hourly earnings of white males, and the five-fold increase in their variance, during the first 18 years of labor market experience. For this purpose we embody minimum wage regulations and imperfect compliance in a job search model...
Persistent link: https://www.econbiz.de/10010745907
panel of outflows, unemployment and vacancy stocks data from the registers at Jobcentres in the UK; these are mapped on to … theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring … areas raise the number of local filled vacancies but lower the local outflow from unemployment. …
Persistent link: https://www.econbiz.de/10010745980
more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with … drawn from the Spanish Labor Force Survey from 1980 to 1994 to analyze the chances of leaving unemployment before and after …-parametric estimation of the model also shows that for long spells, the probability of leaving unemployment has decreased since such reform. …
Persistent link: https://www.econbiz.de/10010746210
,000 children into adulthood, we show that the negative effect of unemployment on mental health and life satisfaction is almost four … times larger for workers who had been bullied a lot in their early life. We also find zero adaptation to unemployment for …
Persistent link: https://www.econbiz.de/10010746260
We develop an equilibrium directed search model of the labor market where workers can simultaneously apply for multiple jobs. Our main theoretical contribution is to integrate the portfolio choice problem faced by workers into an equilibrium framework. All equilibria of our model exhibit wage...
Persistent link: https://www.econbiz.de/10010746275
. Adaptation to marriage, divorce, birth of child and widowhood appears to be rapid and complete; this is not so for unemployment …
Persistent link: https://www.econbiz.de/10011126217