Unemployment Fluctuations Over the Life Cycle

In this paper, we show that (i) the volatility of worker flows increases with age in US CPS data, and (ii) a search and matching model with life-cycle features, endogenous separation and search effort, is well suited to explain this fact. With a shorter horizon on the labor market, older workers...

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Bibliographic details

Main Author:	Hairault, Jean-Olivier Langot, François Sopraseuth, Thepthida
Format:	Publication
Language:	English
Place of publication:	HAL CCSD 17.01.2019
Data of publication:	2019-01-17
Subjects:	search life cycle [SHS.ECO]Humanities and Social Sciences/Economics and Finance business cycle matching
Online Access:	available in Bonn?
Database:	OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS