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purchases (LSAP) programs, often referred to as "quantitative easing" (QE). Among the policy objectives, unemployment rate is a … crucial target to the central bank. However, exactly which factors could account for the impact of QE programs on unemployment …, and to evaluate the effect of QE policy on the unemployment rate during the recent recession. The paper reveals channels …
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The use of social contacts in the labor market is widespread. This paper investigates the impact of personal connections on hiring probabilities and re-employment outcomes of displaced workers in Portugal. We rely on rich matched employer-employee data to define personal connections that arise...
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Motivated by a household search model, this study analyzes labor market transitions for men and women in couples, distinguishing the states of nonparticipation, unemployed search, and employment. The model allows for household member specific unobserved heterogeneity, correlated across partners....
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