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policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …
Persistent link: https://www.econbiz.de/10015221576
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...
Persistent link: https://www.econbiz.de/10015233091
Extensive literature demonstrates that workers with high tenure suffer large and persistent earnings losses when they are displaced. We study the reasons behind these losses in a tractable search model that includes a lifecycle dimension, endogenous job mobility, and worker- and...
Persistent link: https://www.econbiz.de/10015233551
In this paper, we explore the fluctuations of unemployment and vacancies in the Italian labour market over the last … line with previous findings on the unemployment volatility puzzle, we find that the labour market tightness indicator is …
Persistent link: https://www.econbiz.de/10015239828
In this paper, we explore the fluctuations of unemployment and vacancies in the Italian labour market over the last … line with previous findings on the unemployment volatility puzzle, we find that the tightness indicator is more volatile …
Persistent link: https://www.econbiz.de/10015247780
matching model, thus providing a possible explanation for the unemployment volatility puzzle. …
Persistent link: https://www.econbiz.de/10015221553
such as the unemployment rate and whether emerging skills shortages can be addressed. Moreover, policies that assist job …
Persistent link: https://www.econbiz.de/10015229962
Australia has experienced a varied track record on unemployment. For the third quarter of the 20th century unemployment … averaged 2.0 per cent. This is bracketed by average unemployment rates of 8.6 and 7.4 per cent in the second and fourth quarter … economy. Two simulation experiments are considered. In the first we study the effect of varying the unemployment benefit on …
Persistent link: https://www.econbiz.de/10015230805
unemployment rate and a positively sloped Beveridge curve. This paper shows that collateral constraints alone are not able to … responsible for most of the movements on the labor market and generate a countercyclical unemployment and a negatively slopped …
Persistent link: https://www.econbiz.de/10015262177
In this paper, we propose a matching and search model with adjustment costs in the form of labor disruption charges that can generate counter-cyclical real wages. Empirically, we use a measure of wage cyclicality based on the generalized impulse response function of real wages to a shock in a...
Persistent link: https://www.econbiz.de/10015234459