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labor markets. It also demonstrates that a positive rate of unemployment can exist even in the absence of matching frictions …Agents on the same side of a two-sided matching market (such as the marriage or labor market) compete with each other … generally occur prior to matching, this activity has come to be known in recent literature (Peters, 2007) as pre …
Persistent link: https://www.econbiz.de/10005800306
unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …
Persistent link: https://www.econbiz.de/10010528571
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …
Persistent link: https://www.econbiz.de/10011489796
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to … pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local … unemployment ratio decreases in response to an increase in the amenity level if the amenity is marginally more beneficial to …
Persistent link: https://www.econbiz.de/10011560029
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10011412475
Persistent link: https://www.econbiz.de/10010193316
certain state (e.g. unemployment) to be eligible for a treatment, treatments may commence at different points in time, and the … certain time in unemployment will leave unemployment before training while others will be trained later. We are interested in …
Persistent link: https://www.econbiz.de/10012052339
certain state (e.g. unemployment) to be eligible for a treatment, treatments may commence at different points in time, and the … certain time in unemployment will leave unemployment before training while others will be trained later. We are interested in …
Persistent link: https://www.econbiz.de/10012035113
This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched … increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10010262031
labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10010262607