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In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral … unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect …
Persistent link: https://www.econbiz.de/10010269045
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration … more efficient. In terms of transaction costs, the US pay on average higher search/hiring costs in the labor market, and …
Persistent link: https://www.econbiz.de/10010262696
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10010291340
We analyse an equilibrium labour market with on-the-job search and experience effects (where workers learn …
Persistent link: https://www.econbiz.de/10010269382
propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why … not; the existence of search externalities makes the retirement age of unemployed workers intrinsically suboptimal …
Persistent link: https://www.econbiz.de/10010282314
Individual labour market transitions from unemployment into temporary work are often succeeded by a transition from … unemployment to temporary jobs and unobserved determinants of the transition rates. The data contain multiple spells in labour … unemployment and they substantially increase the fraction of unemployed workers who have regular work within a few years after …
Persistent link: https://www.econbiz.de/10010261994
negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is … diffusion of internet access in the late 1990?s. Which types of persons incorporated the internet into their job search strategy … internet job search derived from the December 1998 and August 2000 CPS Computer and Internet Supplements, matched with job …
Persistent link: https://www.econbiz.de/10010262563
have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. … countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time … devoted to searching for a new job. Job search intensity varies considerably across countries, and is higher in countries that …
Persistent link: https://www.econbiz.de/10010268843
50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …
Persistent link: https://www.econbiz.de/10010268859
This paper is based on recently collected and rich survey data of a representative sample of entrants into unemployment … the labor market reintegration, patterns of job search, and reservation wages across unemployed migrants and natives in … this finding by arguing that this group exerts a relatively low search effort and that it has reservation wages which are …
Persistent link: https://www.econbiz.de/10010269464