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:	[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Online Access:	available in Bonn?
Database:	OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS