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Unemployment and Endogenous Reallocation Over the Business Cycle
Carrillo-Tudela, Carlos - 2013
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10013087720
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2013 - This version: January 2013, First version: June 2010
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10009681815
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2013
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10009683022
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2013 - This version: January 2013, First version: June 2010
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous …. Empirically, using the 1986-2008 SIPP panels, we document the occupational mobility patterns of the unemployed, finding notably … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10009691688
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Unemployment and Endogenous Reallocation Over the Business Cycle
Carrillo-Tudela, Carlos - 2020
mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate …
Persistent link: https://www.econbiz.de/10012833736
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Unemployment and Endogenous Reallocation Over the Business Cycle
Carrillo-Tudela, Carlos - 2020
mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate …
Persistent link: https://www.econbiz.de/10012857128
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Worker Beliefs About Outside Options
Jäger, Simon; Roth, Christopher; rousssille, nina; … - 2022
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10014083951
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Worker beliefs about outside options
Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2021
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10012801411
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Directing the Labor Market : The Impact of Shared Board Members on Employee Flows
Begley, Taylor A.; Haslag, Peter H.; Weagley, Daniel - 2023
to benefit from lower competition for each other’s employees: between firms with a similar workforce, located in the same …
Persistent link: https://www.econbiz.de/10014349170
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Looking Inside the Perpetual-Motion Machine : Job and Worker Flows in OECD Countries
Bassanini, Andrea - 2009
There is an increasing interest in the process of job creation and destruction as well of hirings and separations. Many studies suggest that idiosyncratic firm-level characteristics shape both job and worker flows in a similar way in all countries. Others argue that cross-country differences in...
Persistent link: https://www.econbiz.de/10013155544