| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15814 |
| DP15814 Searching for Job Security and the Consequences of Job Loss | |
| Gregor Jarosch | |
| 发表日期 | 2021-02-14 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Job loss comes with large present value earnings losses which elude workhorse models of unemployment and labor market policy. I propose a parsimonious model of a frictional labor market in which jobs differ in terms of unemployment risk and workers search off- and on-the-job. This gives rise to a job ladder with slippery bottom rungs where unemployment spells beget unemployment spells. I allow for human capital to respond to time spent out of work and estimate the framework on German Social Security data. The model captures the joint response of wages, employment, and unemployment risk to job loss which I measure empirically. The key driver of the “unemployment scar” is the loss in job security and its interaction with the evolution of human capital. |
| 主题 | Macroeconomics and Growth |
| URL | https://cepr.org/publications/dp15814 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544813 |
| 推荐引用方式 GB/T 7714 | Gregor Jarosch. DP15814 Searching for Job Security and the Consequences of Job Loss. 2021. |
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