A comparative study of the duration of unemployment of young and middle-aged men
Center for Human Resource Research, College of Administrative Science, Ohio State University - Business & Economics - 126 pages
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acceptance wages Additional Regression Results aged aggregate demand analysis ASSETS coefficient cohort column of Table correlation dependent variable described in Table discussed DLNWAGE duration of search duration of unemployment earnings Economic empirical Estimated Effect EXOINC expected tenure footnote further restricted hence hourly rate hypotheses impact increase Kohen Kolmogorov test labor force labor market layoff victims LMSIZE LNDUR LNPOSTWAGE LOCUR ment natural logarithm NLS data Number of observations Ohio State University optimal job search percent period predicted presented in Table probability of re-employment Probability of receiving proxy quitters rate of pay receiving an offer reservation wage respondent restricted to instances return to search sample Schmidt search costs searcher SKILL2 spell of unemployment Table 15 Table 9 Table lU theoretical transition rate truncated distribution UI benefits UI system unemployed unemployment benefits unemployment duration unemployment insurance unemployment rate wage offer distribution Wage offer level Weibull Weibull distribution WFIN