An extensive empirical literature has documented that workers with high tenure suffer large and persistent earnings losses when they get displaced. We study the reasons behind these losses in a tractable search model with a life-cycle dimension, endogenous job mobility, worker- and...

This study contributes to the explanation to growing informality by proposing and testing a simple framework that link income insecurity to the proliferation of informal enterprise through job insecurity in selected SSA countries. The study adopted a quantitative approach and used ANOVA analysis...

This investigation employs dynamic panel analysis to provide new insights into the phenomenon of adaptation. Using the British Household Panel Survey, it is demonstrated that happiness is largely (but not wholly) contemporaneous. This can help provide explanations for previous findings, where...

This article makes use of a unique personnel data set to explore job separation behavior among workers who qualify for theWork Opportunity Tax Credit (WOTC). Results indicate that WOTC workers do not exhibit overall higher turnover than similar non-WOTC workers. The tenures of the two groups...

In this paper we build an integrated framework of the labor market in which worker replacement, job creation and job destruction are decided simultaneously at the firm level, providing a rigorous instrument for the analysis of worker flows. The main features of the model are uncertainty related...

This paper studies flows on the labour market in Poland in 1995-2008. We show that the main driving force behind the unemployment rate is the behaviour of outflow to employment. Moreover, the flows that involve the state of inactivity constitute for a large share of total flows. They seem to be...

The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...