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document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … participation) and intensive margin (i.e., variable intensity) of search effort. The model attributes a major role to the production …
Persistent link: https://www.econbiz.de/10014502913
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
Persistent link: https://www.econbiz.de/10012800621
Although the cyclical aspects of worker reallocation are investigated in numerous studies, only scarce empirical evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for different subgroups of workers, defined by age, gender and...
Persistent link: https://www.econbiz.de/10010265802
Although the cyclical aspects of worker reallocation are investigated in numerous studies, only scarce empirical evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for different subgroups of workers, defined by age, gender and...
Persistent link: https://www.econbiz.de/10010316416
hire much more workers from unemployment than large firms, and that they do so at the very beginning of an economic …. Transitions from unemployment to employment at large firms are generally found to be more (pro-)cyclical. However, this stylised …
Persistent link: https://www.econbiz.de/10011916605
on their experience. Using Current Population Survey (CPS) data and state-level variations in the unemployment rate, this … period from 1994-2014 to 1994-2019 and (ii) using MSA-level unemployment variation instead of state-level variation. These …
Persistent link: https://www.econbiz.de/10015073597
We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In … the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment … rates. We attribute a substantial fraction of the rise in unemployment to a dramatic increase in inflow rates compared to …
Persistent link: https://www.econbiz.de/10011580823
increased probability that employed workers become unemployed and with a reduction in worker flows from unemployment to …
Persistent link: https://www.econbiz.de/10012133371
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10010277952