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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
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UID:event-9440@amse-aixmarseille.fr
DTSTAMP:20260418T134738Z
CREATED:20260418T134738Z
LAST-MODIFIED:20260418T134738Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Isaac Baley
DTSTART:20230522T093000Z
DTEND:20230522T104500Z
DESCRIPTION:We investigate the welfare consequences of turbulence risk—th
 e risk of skill loss coinciding with involuntary layoffs—on individual an
 d aggregate labor market outcomes. We build a tractable dynamic heterogeneo
 us agents model with directed search\, imperfect financial markets\, and un
 insurable persistent labor market risk. We calibrate our model to the US ec
 onomy\, matching new empirical facts on the joint impact of turbulence risk
  and wealth on re-employment wages\, occupational mobility\, and unemployme
 nt duration. We measure the welfare loss of unemployment transitions and qu
 antify the role of precautionary savings\, precautionary job search\, and p
 recautionary occupational mobility as self-insurance mechanisms. Finally\, 
 we examine the welfare gain from alternative government policies.\\n\\nCont
 act: Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]uni
 v-amu.frAndreas Dibiasi: andreas.dibiasi[at]univ-amu.frCéline Poilly: celi
 ne.poilly[at]univ-amu.fr\n\nPlus d'informations: https://amse-aixmarseille.
 fr/en/events/isaac-baley-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/isaac-baley-0
CONTACT:Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]
 univ-amu.frAndreas Dibiasi: andreas.dibiasi[at]univ-amu.frCéline Poilly: c
 eline.poilly[at]univ-amu.fr
TRANSP:OPAQUE
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