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We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10011094076
Economists face difficulties explaining the strong cyclicality of US unemployment. This paper contributes both by … unemployment, and the results suggest an upper bound on how far they can go in explaining unemployment cyclicality. …
Persistent link: https://www.econbiz.de/10004991578
unemployment, very low volatility of labour market tightness, and for a positively sloped Beveridge curve. These implications are …
Persistent link: https://www.econbiz.de/10005667092
same which knows more the precarious employment, the underemployment and the recurrent unemployment. Moreover, one observes …
Persistent link: https://www.econbiz.de/10008765862
This paper synthesizes the shirking and the matching approaches of equilibrium unemployment in order to endogenize the … when the unemployment rate is above a certain threshold. Futhermore, an efficiency wage is more likely when the disutility …
Persistent link: https://www.econbiz.de/10005481759
paper were to be implemented, the average unemployment rate in the United States would fall from 5.7 to 4.7 percent. Also … and realistic responses of unemployment to changes in UI benefits. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10009293001
and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … policies on wages and unemployment. …
Persistent link: https://www.econbiz.de/10005497772
this kind of model features no production and full unemployment, making them useless for any policy analysis. A comparison …
Persistent link: https://www.econbiz.de/10010786861
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …
Persistent link: https://www.econbiz.de/10010959797
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10010928750