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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
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013052699
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 present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012831978
We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By...
Persistent link: https://www.econbiz.de/10014082246
experiences and facilitating regional and cross-border mobility throughout the EU …
Persistent link: https://www.econbiz.de/10013061605
market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …
Persistent link: https://www.econbiz.de/10012778974
We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition regression (STR) models to investigate to what extent oil prices can be considered as a driving force of labor market fluctuations. Then we develop and calibrate a modified version of...
Persistent link: https://www.econbiz.de/10013139698
We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In … the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment … rates. We attribute a substantial fraction of the rise in unemployment to a dramatic increase in inflow rates compared to …
Persistent link: https://www.econbiz.de/10012979454
There is an increasing interest in the process of job creation and destruction as well of hirings and separations. Many studies suggest that idiosyncratic firm-level characteristics shape both job and worker flows in a similar way in all countries. Others argue that cross-country differences in...
Persistent link: https://www.econbiz.de/10013155544