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, which is among the highest in the OECD. The paper argues that policies should continue to tackle the high inactivity of … early stage. For the long-term unemployed, policies should be further strengthened by adjusting the unemployment benefit and …
Persistent link: https://www.econbiz.de/10005045932
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10011277012
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10008480477
procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10010745347
I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …
Persistent link: https://www.econbiz.de/10010746048
present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the … with some policy prescriptions. At the moment Poland exhibits the highest unemployment rate in OECD and one of the lowest … increase of unemployment in 1998- 1999 and its later persistence. We find that the supply-side characteristics and sectoral …
Persistent link: https://www.econbiz.de/10005556757
The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …
Persistent link: https://www.econbiz.de/10008542505
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and … the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …
Persistent link: https://www.econbiz.de/10005045881
effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …
Persistent link: https://www.econbiz.de/10011007419
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10011276892