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In a non-stationary job search model we allow unemployed workers to have a permanent option to leave the labor force. Transitions into nonparticipation occur when reservation wages drop below the utility of being nonparticipant. Taking account of these transitions allows the identification of...
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We conduct a field experiment to evaluate the effectiveness of labor market speeddates where unemployed workers meet temporary employment agencies. Our analysis shows that participation in such events increases immediate job finding by 6-7 percentage points. In the subsequent months, employment...
Persistent link: https://www.econbiz.de/10011978388
In a non-stationary job search model we allow unemployed workers to have a permanent option to leave the labor force. Transitions into nonparticipation occur when reservation wages drop below the utility of being nonparticipant. Taking account of these transitions allows the identification of...
Persistent link: https://www.econbiz.de/10013320755
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This paper examines the use of equilibrium search models in the empiricalanalysis of labor markets. We survey the literature on structural estimationof these models with micro data on wages and durations, and we discuss theadvantages of the equilibrium approach, for policy analysis and...
Persistent link: https://www.econbiz.de/10011299978