Showing 11 - 20 of 28
Persistent link: https://www.econbiz.de/10005249377
In this paper we propose a non-equilibrium model in order to explain the search behavior of unemployed workers. This modeling strategy, framed in a rational choice paradigm, allows us to investigate the effects of negative duration dependence in the out-of-unemployment hazard rate, accounting...
Persistent link: https://www.econbiz.de/10005249380
We study how political intermediation in the labor market interacts with search frictions. Politicians create and control (to a certain extent) business opportunities for firms, hence the creation of new vacancies. But to compete for these vacancies workers have to give their support to...
Persistent link: https://www.econbiz.de/10005249381
Traditional (i.e. analytical) modelling practices in the social sciences rely on a very well established, although implicit, methodological protocol, both with respect to the way models are presented and to the kinds of analysis that are performed. Unfortunately, computer-simulated models often...
Persistent link: https://www.econbiz.de/10005249383
This study uses ECHP data to give insights on the characteristics of people whose self-assessment of labour status differs from that of the LFS. We do some ‘labour accounting’, in order to clarify the connection between individual perception and LFS categorisation. We find that discrepancies...
Persistent link: https://www.econbiz.de/10005249393
We provide a general characterization of diffusion processes, allowing to analyze both risk-sharing and contagion at the same time. We show that interdependencies are beneficial when the economic environment is favorable, and detrimental when the economic environment deteriorates. The risk of...
Persistent link: https://www.econbiz.de/10005181130
We investigate the effects of income support on unemployment and welfare dynamics when stigma is attached to welfare provision. Stigma has been modelled in the literature as a cost of entry into welfare. Allowing for psychological factors, we assume that with stigma welfare provision leads to...
Persistent link: https://www.econbiz.de/10005405536
This paper studies how different behavioural norms affect individual and social welfare in a population with heterogeneous preferences. I assume preferences are private information, and that interactions between individuals do not involve communication, nor bargaining. I first compare two...
Persistent link: https://www.econbiz.de/10005405537
Persistent link: https://www.econbiz.de/10005405540
This paper presents an idealized model of social interaction, where preferences are private information and individuals cannot condition their behavior on the identity of whom they are interacting with. An optimal decentralized benchmark rule is identified, where each individual imposes some...
Persistent link: https://www.econbiz.de/10005196133