Showing 1 - 10 of 42,408
market improved from 2010 to 2014. We find that a 1 percentage point reduction in the local unemployment rate is associated …
Persistent link: https://www.econbiz.de/10011536223
shock. Although the model generates a jobless recovery, its implications on unemployment duration are not entirely …
Persistent link: https://www.econbiz.de/10012984234
/4 of mismatches is efficient and attenuates polarization and unemployment over the cycle …
Persistent link: https://www.econbiz.de/10012854010
reveals that 1/4 of mismatches is efficient and attenuates polarization and unemployment over the cycle …
Persistent link: https://www.econbiz.de/10012840670
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011447126
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital … downturn, as documented in the empirical literature. At the aggregate level, the framework delivers youth unemployment rates … that are higher and more sensitive to fluctuations in aggregate productivity than total unemployment rates. Additionally …
Persistent link: https://www.econbiz.de/10011389663
In employment relationships, a wage is an installment payment on an implicit long-term agreement between a worker and a firm. The price of labor that impacts firm's hiring decisions, instead, reflects the hiring wage as well as the impact of economic conditions at the time of hiring on future...
Persistent link: https://www.econbiz.de/10014507553
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative aggregate shocks move the hiring cutoff into a part...
Persistent link: https://www.econbiz.de/10013185150