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When Institutions Interact : How the Effects of Unemployment Insurance are Shaped by Retirement Policies
Gudgeon, Matthew; Guzman, Pablo; Schmieder, Johannes; … - National Bureau of Economic Research - 2023
This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of these interactions, documenting large bunching in UI...
Persistent link: https://www.econbiz.de/10014421233
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Does Occupational Licensing Reduce Job Loss During Recessions?
Blair, Peter Q.; Chung, Bobby W. - National Bureau of Economic Research - 2024
Licensed workers could be shielded from unemployment during recession since occupational licensing laws are asymmetric--making unlicensed workers an illegal substitute for licensed workers but not the reverse. We test our hypothesis using a difference-in-differences event study research design...
Persistent link: https://www.econbiz.de/10014544764
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The Internet, Search Frictions and Aggregate Unemployment
Bhuller, Manudeep; Ferraro, Domenico; Kostøl, Andreas … - National Bureau of Economic Research - 2023
How has the internet affected search and hiring, and what are the implications for aggregate unemployment? Answering these questions empirically has proven difficult due to selection in internet use and difficulty in measuring the search activities of both sides of the labor market. This paper...
Persistent link: https://www.econbiz.de/10014226108
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The Nature of Long-Term Unemployment : Predictability, Heterogeneity and Selection
Müller, Andreas; Spinnewijn, Johannes - National Bureau of Economic Research - 2023
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich administrative data in Sweden. Compared to using standard socio-demographic variables, the predictive power more than doubles when leveraging the rich data environment. The largest...
Persistent link: https://www.econbiz.de/10014226176
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Wellbeing, Expectations and Unemployment in Europe
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
We find expectations are more sensitive to economic growth than traditional wellbeing metrics. We examine Eurobarometer micro data from 1973-2023 on movements in life satisfaction along with data from 1995-2022 on five expectations variables on and individual's life and their financial and job...
Persistent link: https://www.econbiz.de/10014447326
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Identification and Estimation of Continuous-Time Job Search Models with Preference Shocks
Arcidiacono, Peter; Gyetvai, Attila; Maurel, Arnaud; … - National Bureau of Economic Research - 2022
This paper applies some of the key insights of dynamic discrete choice models to continuous-time job search models. We propose a novel framework that incorporates preference shocks into search models, resulting in a tight connection between value functions and conditional choice probabilities....
Persistent link: https://www.econbiz.de/10013462703
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The Search for Good Jobs : Evidence from a Six-year Field Experiment in Uganda
Bandiera, Oriana; Bassi, Vittorio; Burgess, Robin; … - National Bureau of Economic Research - 2023
There are 420 million young people in Africa today. Understanding how youth search for jobs and what affects their ability to find good jobs is of paramount importance. We do so using a field experiment tracking young job seekers for six years in Uganda's main cities. We examine how two standard...
Persistent link: https://www.econbiz.de/10014337802
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Effects of Employment Protection on Worker and Job Flows : Evidence from the 1990 Italian Reform
Kugler, Adriana - 2005
This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 … on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 …, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10012467018
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Dual Credit Markets : Income Risk, Household Debt, and Consumption
Matsa, David A. - 2024
Many young employees work on a temporary basis, which entails significantly greater income risk than "permanent" work, even for jobs in the same occupation and at a similar wage. We find that this income uncertainty leads lenders to ration credit to temporary workers, precisely at the stage of...
Persistent link: https://www.econbiz.de/10015056185
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Employer-to-Employer Flows in the United States : Estimates Using Linked Employer-Employee Data
Bjelland, Melissa - 2008
regarding job tenure and earnings dynamics suggest that for those workers moving directly to new jobs, the new jobs are …
Persistent link: https://www.econbiz.de/10012464780