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accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor … that better job accessibility significantly decreases the duration of joblessness among lower-paid displaced workers …
Persistent link: https://www.econbiz.de/10013054875
By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering … this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data … revisions to decompose the variation in the duration of benefits into the part coming from actual differences in economic …
Persistent link: https://www.econbiz.de/10012994904
model that allows for duration dependence in the exit rate from unemployment and for transitions between employment (E …We explore the extent to which composition, duration dependence, and labor force non-participation can account for the … sharp increase in the incidence of long-term unemployment (LTU) during the Great Recession. We first show that compositional …
Persistent link: https://www.econbiz.de/10013051310
equivalent workers fall sharply as unemployment duration progresses. We use the model to quantitatively assess the consequences … of such employer behavior for job finding rates and long term unemployment and find only modest effects given the large … decline in callbacks. Interviews lost to duration impact individual job-finding rates solely if they would have led to jobs …
Persistent link: https://www.econbiz.de/10012930343
productive jobs. Together these forces imply that in equilibrium the natural rate of unemployment is too high …
Persistent link: https://www.econbiz.de/10013139983
parameter in search and matching models of unemployment. According to these models, a lower intensity of idiosyncratic shocks …Unemployment inflows fell from 4 percent of employment per month in the early 1980s to 2 percent or less by the mid … produces less job destruction, fewer workers flowing through the unemployment pool and less frictional unemployment. To …
Persistent link: https://www.econbiz.de/10012758431
unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new …/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share …
Persistent link: https://www.econbiz.de/10013102714
analyze data from the SIPP and find that the wages for new hires coming from unemployment are no more cyclical than those of …
Persistent link: https://www.econbiz.de/10012989117
that employer screening plays an important role in generating duration dependence; employers use the unemployment spell …This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of … a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities. Our results …
Persistent link: https://www.econbiz.de/10013100673
This paper analyses job seekers' perceptions and their relationship to unemployment outcomes to study heterogeneity and … duration dependence in both perceived and actual job finding. Using longitudinal data from two comprehensive surveys, we … observation of beliefs and ex-post realizations, to disentangle heterogeneity and duration dependence in true job finding rates …
Persistent link: https://www.econbiz.de/10012907446