Showing 1 - 10 of 19
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013342929
Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …
Persistent link: https://www.econbiz.de/10014078744
Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …
Persistent link: https://www.econbiz.de/10013361977
and effects of youth unemployment using micro-data. It argues that there is convincing evidence that the young are … particularly susceptible to the negative effects of spells of unemployment well after their initial experience of worklessness …. Because the current youth cohort is relatively large, the longer-term outlook for youth unemployment is quite good, but there …
Persistent link: https://www.econbiz.de/10003935007
-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment … using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs on … individuals and society well into the future. Though the effects of current policies on youth unemployment are uncertain, there is …
Persistent link: https://www.econbiz.de/10009259467
-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment … using microdata. We argue that there is convincing evidence that the effects of unemployment when young impose costs on … individuals and society well into the future. Though the effects of current policies on youth unemployment are uncertain, there is …
Persistent link: https://www.econbiz.de/10013125470
traditional government-sponsored short-time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time …
Persistent link: https://www.econbiz.de/10009309501
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers' reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to 40...
Persistent link: https://www.econbiz.de/10013122978
government-sponsored short time work. -- unemployment ; Germany ; Great Recession ; short time work ; working time accounts …
Persistent link: https://www.econbiz.de/10009151656
Persistent link: https://www.econbiz.de/10012692352