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作者：Krueger, Alan B.; Mueller, Andreas I.
作者单位：Princeton University; Columbia University
摘要：This paper provides new evidence on the time use of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job. Job search intensity varies considerably across countries, and is higher in countries that have higher wage dispersion. We also examine the relationship between unemployment benefits and job search.
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作者：Del Bono, Emilia; Weber, Andrea; Winter-Ebmer, Rudolf
作者单位：University of Essex; University of Mannheim; Johannes Kepler University Linz
摘要：In this paper we investigate how career considerations may affect fertility decisions in the presence of a temporary employment shock. We compare the birth rates of women displaced by a plant closure with those of women unaffected by job loss after establishing the pre-displacement comparability of these groups. Our results reveal that job displacement reduces average fertility by 5%10%, and that these effects are largely explained by the response of women in more skilled occupations. We offer...
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作者：Eusepi, Stefano; Preston, Bruce
作者单位：Federal Reserve System - USA; Federal Reserve Bank - New York; Monash University; Australian National University
摘要：This paper develops a model of policy regime uncertainty and its consequences for stabilizing expectations. Because of learning dynamics, uncertainty about monetary and fiscal policy is shown to restrict, relative to a rational expectations analysis, the set of policies consistent with macroeconomic stability. Anchoring expectations by communicating about monetary and fiscal policy enlarges the set of policies consistent with stability. However, absent anchored fiscal expectations, the advanta...
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作者：Boockmann, Bernhard; Zwick, Thomas; Ammermueller, Andreas; Maier, Michael
作者单位：University of Munich; University of Mannheim
摘要：We estimate the effects of hiring subsidies for older workers on transitions from unemployment to employment in Germany. Using a natural experiment, our first set of estimates is based on a legal change extending the group of eligible unemployed persons. A subsequent legal change in the opposite direction is used to validate these results. Our data cover the population of unemployed jobseekers in Germany and was specifically made available for our purposes from administrative data. Consistent ...
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作者：Boeri, Tito; Ignacio Conde-Ruiz, J.; Galasso, Vincenzo
作者单位：Complutense University of Madrid
摘要：We document the presence of a trade-off in the labor market between the protection of jobs and the support offered to unemployed people. Different countries locations along this trade-off represent stable political-economic equilibria. We develop a model in which individuals determine the mix of job protection and support for the unemployed in a political environment. Agents are heterogeneous along two dimensions: employment status (insiders and outsiders) and skills (low and high). Unlike pre...
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作者：De Giorgi, Giacomo; Pellizzari, Michele; Woolston, William Gui
作者单位：Stanford University
摘要：We study how class size and class composition affect the academic and labor market performance of college students, two crucial policy questions given the secular increase in college enrollment. Our identification strategy relies on the random assignment of students to teaching classes. We find that a one standard deviation increase in class-size results in a 0.1 standard deviation deterioration of the average grade. Further, the effect is heterogeneous as it is stronger for males and lower in...
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作者：Jaimovich, Esteban; Merella, Vincenzo
作者单位：University of Cagliari
摘要：The NorthSouth trade literature has traditionally explored conditions under which international trade might further magnify income disparities between the advanced North and the backward South. We show that even when no single country is initially more advanced than any other one and productivity changes are uniform and identical in all countries, trade may still be a source of income divergence when nonhomothetic preferences and quality ladders are jointly taken into account. Income divergenc...
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作者：Mumtaz, Haroon; Surico, Paolo
作者单位：University of London; London Business School
摘要：The decline in the level and persistence of inflation over the 1980s is a common feature of the most industrialized economies in the world. The rise in inflation volatility of the late 1970s and the subsequent fall of the 1980s is country specific for the UK, Canada, and, to a lesser extent, the United States, Italy, and Japan. Since the late 1980s, inflation predictability has declined significantly across the industrialized world. We link the empirical results to recent theories of internati...
