Titelaufnahme

Titel
The lockdown impact on unemployment for heterogeneous workers / Malak Kandoussi (Université Paris-Saclay and University of Evry), François Langot (Le Mans University, IUF, PSE and IZA) ; IZA Institute of Labor Economics
VerfasserKandoussi, Malak ; Langot, François
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, July 2020
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (38 Seiten) : Diagramme
SerieDiscussion paper ; no. 13439
URLVolltext
URNurn:nbn:de:hbz:5:2-851816 
Zugänglichkeit
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
The lockdown impact on unemployment for heterogeneous workers [1.44 mb]
Links
Nachweis
Verfügbarkeit In meiner Bibliothek
Zusammenfassung

We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering the heterogeneity of workers to account for the contrasted impacts across various types of jobs. We show that separations and business closures that hit the workers with the first level of education explains the abruptness of the unemployment rise. The existence of significant congestion externalities in the hiring process suggests that a comeback to the pre-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data leads to more pessimistic forecasts with a comeback to the pre-crisis unemployment level expected until 2027.

Nutzungshinweis
 Das Medienwerk ist im Rahmen des deutschen Urheberrechts nutzbar.