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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
the ease with which individuals can move between employment, unemployment and inactivity over time. The results suggest … countries. Nonetheless, transitions from unemployment and inactivity back into the labour market are relatively weak in the euro … remaining in unemployment over two consecutive periods decreased in Sweden, the euro area, and,to a lesser extent, Denmark …
Persistent link: https://www.econbiz.de/10011071237
. Disaggregation by gender is necessary. Endogeneity of participation levels with respect to unemployment is treated in two ways, by … unemployment cannot be rejected. …
Persistent link: https://www.econbiz.de/10010744859
in Kyrgyzstan, who cumulated a high risk of being unemployed, of remaining longer in unemployment, of being discouraged …
Persistent link: https://www.econbiz.de/10011125996
Persistent link: https://www.econbiz.de/10005475010
European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …
Persistent link: https://www.econbiz.de/10010884644
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10010928750
allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …
Persistent link: https://www.econbiz.de/10010744813
. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10010744873