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A Search Model of Discouragement
Rosholm, Michael; Toomet, Ott - Institute for the Study of Labor (IZA) - 2005
Discouragement is a process occurring during an unemployment spell. As the spell prolongs, an individual gradually … discouragement, as the returns to search will gradually decline. Even so, the model is actually stationary from the point of view of …
Persistent link: https://www.econbiz.de/10005822813
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A search model of discouragement
Rosholm, Michael (contributor); Toomet, Ott (contributor) - 2005
Discouragement is a process occurring during an unemployment spell. As the spell prolongs, an individual gradually … discouragement, as the returns to search will gradually decline. Even so, the model is actually stationary from the point of view of … simulation exercises based on a calibrated model. -- labour supply ; search theory ; discouragement …
Persistent link: https://www.econbiz.de/10002902884
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Worker Absenteeism in Search Equilibrium
Engstrouml;m, Per - 2007
The paper presents a general equilibrium model of search unemployment that incorporates absence from work as a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the workers. Firms maximize profits while recognizing that the...
Persistent link: https://www.econbiz.de/10012776334
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Heterogeneity, Unemployment Benefits and Voluntary Labor Force Participation
Devulder, Antoine - 2014
In this paper, I propose a new Keynesian DSGE model with labor market search and matching frictions which replicates the low volatility and the moderate procyclicality of the labor force participation rate, that are observed in the United States at business cycle frequency. That being so,it can...
Persistent link: https://www.econbiz.de/10013052216
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Worker Absenteeism in Search Equilibrium
Engström, Per; Holmlund, Bertil - 2021
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the workers. Firms offer wages, and possibly sick...
Persistent link: https://www.econbiz.de/10013318119
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Welfare, employment, and hours of work
Hall, Axel; Gylfi Zoega - 2019
The authors propose an explanation of why Europeans choose to work fewer hours than Americans and also suffer higher rates of unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries reduce, ceteris paribus, the gains from...
Persistent link: https://www.econbiz.de/10011963400
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Search behavior, aggregate rationality and the discouraged worker effect
Dagsvik, John K.; Kornstad, Tom; Skjerpen, Terje - 2019
Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper we first develop a model for the probability of being in the labor force as a function of the probability of getting an acceptable job offer. This model is based on standard...
Persistent link: https://www.econbiz.de/10012005437
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Measuring the Long Wave. Unemployment, Discouragement and Semi-Employment in Italy, During and After the Crisis
Tronti, Leonello; Gatto, Riccardo - In: Social Exclusion. Short and Long Term Causes and …
Official data indicate a much less severe impact of the international crisis on employment in Italy than might have been predicted. But the standard measure of unemployment agreed at international level has some shortcomings. Its “objective” definition of unemployment is a poor fit with the...
Persistent link: https://www.econbiz.de/10010693186
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The determinants of reservation wages in Germany : does a motivation gap exist?
Christensen, Björn - 2001
This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high in Germany compared to other countries....
Persistent link: https://www.econbiz.de/10011474420
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The matching process : search or mismatch?
Gottfries, Nils; Stadin, Karolina - 2016
We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase in the number of vacancies has a very weak effect on the number of unemployed workers being hired: unemployed workers appear to be unable to compete for many available jobs....
Persistent link: https://www.econbiz.de/10011568900