Showing 1 - 9 of 9
inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10010282566
This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...
Persistent link: https://www.econbiz.de/10010289903
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010744656
This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...
Persistent link: https://www.econbiz.de/10010575480
We use a rich new body of data on the experiences of unemployed job-seekers to determine the sources of wage dispersion and to create a search model consistent with the acceptance decisions the job-seekers made. From the data and the model, we identify the distributions of four key variables:...
Persistent link: https://www.econbiz.de/10011401797
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010333288
inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10011279349
flow value of unemployment. …
Persistent link: https://www.econbiz.de/10011744672
We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI. Through …
Persistent link: https://www.econbiz.de/10014377303