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-19 pandemic, overall labour market conditions were relatively stable, with mismatched unemployment returning to pre …
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can commit to wage contracts but cannot commit not to replace incumbent workers. Workers are risk averse, so that there … downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …
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worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 ….14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this …
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models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
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The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
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changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …
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performance, we apply a gross flow analysis based on EU-SILC longitudinal data. While in Spain increases in youth unemployment … uniformly, also to the jobfinding rates. Survival functions estimates point to prolonged unemployment duration and increasing … long term unemployment, while both these tendencies apply relatively more to the young unemployed. Proportional hazard …
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