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fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission …-equation unemployment rate models... …
Persistent link: https://www.econbiz.de/10005861659
This chapter assesses how models with search frictions have shaped our understanding of aggregatelabor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. Wefirst consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10005870309
Using two data sets derived from German administrative data, including a linkedemployer-employee data set, we investigate the cyclicality of worker and job flows.The analysis stresses the importance of two-sided labour market heterogeneity inthis context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10008939785
What are the impacts of labor tax reform on wage setting and employment to keep therelative tax burden per low-skilled and high-skilled workers constant in the case ofheterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor andperfect competition in high-skilled labor...
Persistent link: https://www.econbiz.de/10009360617
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment …
Persistent link: https://www.econbiz.de/10005859632
We present a structural framework for the evaluation of public policies intended to increasejob search intensity. Most of the literature defines search intensity as a scalar that influencesthe arrival rate of job offers; here we treat it as the number of job applications that workerssend out....
Persistent link: https://www.econbiz.de/10005861860
increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …
Persistent link: https://www.econbiz.de/10005861880
This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...
Persistent link: https://www.econbiz.de/10005862087
This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10005864522
dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …
Persistent link: https://www.econbiz.de/10010118876