Showing 1 - 10 of 23,824
. Exploring a rich matched employer-employee data set and the estimation of a dynamic panel wage equation with high … (the split-panel Jackknife (Dhaene and Jochmans, 2015), an analytical expression (Hahn and Kuersteiner, 2002), and a …
Persistent link: https://www.econbiz.de/10012882374
wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and …
Persistent link: https://www.econbiz.de/10011307422
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010333564
labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages … of the reform on entry wages and a decrease of the returns to tenure by around 20% in the first year and by 8% over the …
Persistent link: https://www.econbiz.de/10011604824
the "lemon" exists in the resulting matching pattern. Using the Abowd et al. (1999) model I show that the individual … Gibbons and Katz (1991) against the matching model (Becker, 1973). Using three different measures of sorting, I find that the … matching changes differentially for the different layoff groups. This leads to the tentative conclusion that both sorting and …
Persistent link: https://www.econbiz.de/10011310782
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine the consequences of introducing an unemployment benefit,...
Persistent link: https://www.econbiz.de/10010261566
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...
Persistent link: https://www.econbiz.de/10010267510
matching model which illustrates how barriers to entry in the product market mitigate the impact of labor market deregulation …. We, then, use the Italian Social Security employeremployee panel to study the interaction between barriers to entry and …
Persistent link: https://www.econbiz.de/10010274496
wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage … wages of displaced workers after their return to work. Women experienced smaller wage losses than men. For both sexes, over … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …
Persistent link: https://www.econbiz.de/10012269978
the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …
Persistent link: https://www.econbiz.de/10011404864