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The wealth decumulation behavior of the retired elderly in Italy : the importance of bequest motives and precautionary saving

Ventura, Luigi; Horioka, Charles - 2020

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that …

Persistent link: https://www.econbiz.de/10012198628

The effect of search frictions on wages

Berg, Gerard J. van den; Vuuren, Aico van - 2005

explanations for) positive assortative matching. …

Persistent link: https://www.econbiz.de/10011349215

On-the-Job Search and the Cyclical Dynamics of the Labor Market

Krause, Michael - 2016

We show how on-the-job search and the propagation of shocks to the economy are intricately linked. Rising search by employed workers in a boom amplifies the incentives of firms to post vacancies. In turn, more vacancies induce more on-the-job search. By keeping job creation costs low for firms,...

Persistent link: https://www.econbiz.de/10012991140

On-the-Job Search and the Cyclical Dynamics of the Labor Market

Krause, Michael - 2012

We develop a business cycle model with search and matching frictions in the labor market and show that on …-order serial correlation that is absent from the standard search and matching model …

Persistent link: https://www.econbiz.de/10013096516

On-the-Job Search and the Cyclical Dynamics of the Labor Market

Krause, Michael; Lubik, Thomas A. - 2021

We show how on-the-job search and the propagation of shocks to the economy are intricately linked. Rising search by employed workers in a boom amplifies the incentives of firms to post vacancies. In turn, more vacancies increases job search. By keeping job creation costs low for firms,...

Persistent link: https://www.econbiz.de/10013318926

Unemployment Insurance with Endogenous Search Intensity and Precautionary Saving

Costain, James S. - 1998

the asset accumulated by workers. A matching function relates unemployment, hiring expenditure, and search effort to the …

Persistent link: https://www.econbiz.de/10014222294

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific county- level vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...

Persistent link: https://www.econbiz.de/10013187552

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific countylevel vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...

Persistent link: https://www.econbiz.de/10013192234

Chapter 18 Job reallocation, employment fluctuations and unemployment

Mortensen, Dale T.; Pissarides, Christopher A. - In: Handbook of macroeconomics : volume 1, part B, (pp. 1171-1228). 1999

The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … built on the assumptions of a time-consuming matching technology that determines the rate of job creation given the …

Persistent link: https://www.econbiz.de/10014024227

Behind the Great Recession : job search and housing decisions

Rendón, Sílvio; Quella, Núria - 2013

job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In …

Persistent link: https://www.econbiz.de/10010222189