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Bonilla, Roberto; Kiraly, Francis; Malo Ocaña, Miguel Angel - 2024

We present an equilibrium model of inter-linked frictional labour and marriage markets. In the marital market, men and women are involved in random sequential search for a partner. Men are seen as breadwinners in the family, and therefore in the labour market unemployed men carry out a...

Persistent link: https://www.econbiz.de/10014541634

Market externalities of large unemployment insurance extension programs

Lalive, Rafael; Landais, Camille; Zweimüller, Josef - 2013

unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …

Persistent link: https://www.econbiz.de/10010189830

Do benefit hikes damage job finding? : Evidence from Swedish unemployment insurance reforms

Bennmarker, Helge (contributor); … - 2005

among men and women. The two reforms in conjunction are estimated to have increased the expected duration of unemployment … among men but to have decreased the duration of unemployment among women. The overall effect on the duration of unemployment …

Persistent link: https://www.econbiz.de/10002757914

Mismatch unemployment in Austria : the role of regional labour markets for skills

Böheim, René; Christl, Michael - 2021

During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. Using detailed administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift. We find that the Beveridge curve...

Persistent link: https://www.econbiz.de/10012514547

Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2013 - This version: January 2013, First version: June 2010

negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

Persistent link: https://www.econbiz.de/10009691688

Reservation wages and labor supply

Kesternich, Iris; Schumacher, Heiner; Siflinger, Bettina; … - 2020

Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...

Persistent link: https://www.econbiz.de/10012226766

Indignity of labor : role of occupational prestige in unemployment

Marjit, Baisakhi; Marjit, Sugata; Gupta, Kausik; Kar, Saibal - 2022

Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...

Persistent link: https://www.econbiz.de/10013368629

Welfare time limits in the United States : experiences with a new welfare-to-work approach

Ochel, Wolfgang - 2004

This paper reviews the evidence on welfare time limits in the United States. It primarily refers to experimental and econometric evaluations. Time limits affect welfare recipients both before and after their limits are reached. Time limits reduce welfare receipt and increase employment before...

Persistent link: https://www.econbiz.de/10011449339

Cash flow duration and the term structure of equity returns

Weber, Michael - 2016

The term structure of equity returns is downward-sloping: stocks with high cash flow duration earn 1.10% per month … lower returns than short-duration stocks in the cross section. I create a measure of cash flow duration at the firm level … for short-sale constraints, and find the negative cross-sectional relationship between cash flow duration and returns is …

Persistent link: https://www.econbiz.de/10011521939

Returns to On-the-Job Search and the dispersion of wages

Gottfries, Axel; Teulings, Coen N. - 2017

-finding rates and (ii) the time since the last lay-off. Conditional on the termination date of the job, job duration should be …

Persistent link: https://www.econbiz.de/10011637591