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market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …
Persistent link: https://www.econbiz.de/10012778974
mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate …
Persistent link: https://www.econbiz.de/10012857128
European labor markets are characterized by the low geographical mobility of workers. The absence of mobility is a … factor behind high unemployment when jobless people prefer to remain in their home region rather than to go prospecting in … more dynamic areas. In this paper, we attempt to understand the determinants of mobility by introducing the concept of …
Persistent link: https://www.econbiz.de/10013325000
We estimate how exogenous worker exits affect firms' demand for incumbent workers and new hires. Drawing on administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages and retention probabilities. The average effect masks...
Persistent link: https://www.econbiz.de/10014237293
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10014083951
We analyze short and long-term effects of worker displacement. Our focus is on prime-age male workers displaced from Norwegian manufacturing plants. We find that displacement increases the probability of exiting the labor force by about 5 percentage points. This indicates that studies using data...
Persistent link: https://www.econbiz.de/10013317423
When mobility between locations is frictional, a person's economic well-being is partially determined by her place of … birth. Using a life cycle model of mobility, we find that search frictions are the main impairment to the mobility of young … a high-unemployment urban area carries with it a large welfare penalty. Less stable jobs, slower skill accumulation …
Persistent link: https://www.econbiz.de/10014254889
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
In the aftermath of the financial and economic crisis, large shares of working-age individuals in Italy either did not work or only to a limited extent. As the employment rate bottomed out in 2013, 32% were without employment during the entire year, and a further 7% had weak labour-market...
Persistent link: https://www.econbiz.de/10012911191
In the aftermath of the financial and economic crisis, large shares of working-age individuals in Ireland either did not work or only to a limited extent. As the labour-market recovery gathered pace during 2013, 32% were without employment during the entire year, and a further 14% had weak...
Persistent link: https://www.econbiz.de/10012915740