Unemployment fluctuations over the life cycle

International audience; 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 ma...

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Bibliographic details
Main Author: Hairault, Jean-Olivier
Langot, François
Sopraseuth, Thepthida
Format: Publication
Language: English
Place of publication: Elsevier 01.03.2019
Data of publication: 2019-03-01
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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