Using the data from the Survey of Income and Program Participation (SIPP) between 1996 and 2013, the effects of unemployment duration on the re-employment wages for workers 40 years of age and older are empirically estimated using a quasi-structural model. The findings indicate that the...

Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker skills are difficult to measure and less productive workers are more likely to spend time in non-employment. We overcome these challenges with new administrative data on...

When workers are exposed to human capital depreciation during periods of unemployment, hiring affects the unemployment pool's composition in terms of skills, and hence the economy's production potential. Introducing human capital depreciation during unemployment into an otherwise standard New...

This paper presents a new facet of the regional forecasts of the Institute for Employment Research (IAB). For the development in 2022, we report results at the level of administrative district types of the Federal Institute for Research on Building, Urban Affairs and Spatial Development (BBSR)....