Showing 1 - 7 of 7
Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of … countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are …), have very high unemployment and most of the rest have comparatively low unemployment. This variability is highly …
Persistent link: https://www.econbiz.de/10010884684
This paper studies the dynamics of labour demand and the determinants of employment rates across the OECD. We find: (i) labour demand adjusts less rapidly when employment protection is more strict and union density is higher; (ii) there is no evidence that overall job turnover is influenced by...
Persistent link: https://www.econbiz.de/10010884729
unemployment rates are much the same. Furthermore, inactivity is strongly concentrated among the unskilled and those suffering from …Inactivity rates among prime-age men in the UK have risen by at least five times since the early 1970s whereas … a limiting long-term illness or disability. In our analysis of inactivity rates by region and age group we find that …
Persistent link: https://www.econbiz.de/10010744826
unemployment. Finally, broad movements in unemployment across the OECD can be explained by shifts in labour market institutions …This paper is an empirical analysis of unemployment patterns in the OECD countries from the 1960s to the 1990s, looking … at the Beveridge Curves, real wages as well as unemployment directly. Our results indicate the following. First, the …
Persistent link: https://www.econbiz.de/10010745475
Using the accurate and extensive data available in the UK New Earnings Survey, this paper investigates the extent to which nominal wages are downwardly rigid and whether such rigidity interferes with necessary real wage adjustments when inflation is low. Despite the substantial numbers of...
Persistent link: https://www.econbiz.de/10010746590
becoming unemployed, the costs of unemployment in terms of real wages losses and the probability that the continuously employed …
Persistent link: https://www.econbiz.de/10010745282
This paper is concerned with the relationship between wages and unemployment. Using UK regions and individuals as the … unemployment and wages or wage changes? Second, can we identify the relationship completely by looking at regional wages and … regional unemployment or do regional wages depend on aggregate unemployment as well? Third, are wages influenced only by the …
Persistent link: https://www.econbiz.de/10010745323