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composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787
Over the 1948–2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...
Persistent link: https://www.econbiz.de/10012269917
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014469471
. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …
Persistent link: https://www.econbiz.de/10010277065
sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …
Persistent link: https://www.econbiz.de/10010329175
sudden increase in labour force participation and unemployment during this period. However, since these individuals would … in unemployment signifies a more accurate reflection of disguised unemployment that already existed in the mid-1990s …
Persistent link: https://www.econbiz.de/10010319427
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general equilibrium setting, the underlining mechanism works...
Persistent link: https://www.econbiz.de/10010291388
unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …
Persistent link: https://www.econbiz.de/10010261905
. Labour market institutions also influence unemployment rates in different ways. Unemployment benefits are found to have a …We analyse the effects of demographic and education changes on unemployment rates in Europe. Using a panel of European … individuals, in general, experience lower unemployment rates, changes in the population age structure appear to be positively …
Persistent link: https://www.econbiz.de/10010267367
average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment. …
Persistent link: https://www.econbiz.de/10010268048