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The effect of shocks to labour market flows on unemployment and participation rates

Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014

This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...

Persistent link: https://www.econbiz.de/10010361496

Hours worked in Europe and the US : new data, new answers

Bick, Alexander; Brüggemann, Bettina; … - 2016

We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level and for different demographic groups for 18 European countries and the US. We find that Europeans work 19% fewer hours than US citizens. Differences in weeks worked and in the...

Persistent link: https://www.econbiz.de/10011524624

The quantification of structural reforms : extending the framework to emerging market economies

Égert, Balázs - 2018

non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes …

Persistent link: https://www.econbiz.de/10011800715

Macroeconomic shocks and racial labour market differences in the U.S.

De, Kuhelika; Compton, Ryan A.; Giedeman, Daniel C.; … - 2019

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

Persistent link: https://www.econbiz.de/10012157899

Okun in the euro : new evidence from structural Okun law’s estimates for the euro area, 1979-2019

Campos, Nauro; Macchiarelli, Corrado; Mitropoulos, Fotios - 2024

This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …

Persistent link: https://www.econbiz.de/10015052585

Import competition and the great US employment sag of the 2000s

Acemoglu, Daron; Autor, David H.; Dorn, David; Hanson, … - 2015

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being a prime contributor to the slump. We estimate that...

Persistent link: https://www.econbiz.de/10010528328

Job stability, earnings dynamics, and life-cycle savings

Kuhn, Moritz; Ploj, Gašper - 2020

Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...

Persistent link: https://www.econbiz.de/10012316968

National minimum wage and employment of young workers in the UK

Fidrmuc, Jan; Tena, J. D. - 2013

We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature found little evidence of an adverse impact of the NMW on the UK labor market. We focus on the age-related increases in the NMW at 18 and 22 years of age. Using regression...

Persistent link: https://www.econbiz.de/10009764461

Friday the 13th : the empirics of bad luck

Fidrmuc, Jan; Tena, J. D. - 2014

We use the UK Labor Force survey to investigate whether the socio-economic outcomes of people born on the 13th day of the month, and of those born on Friday the 13th, differ from the outcomes of people born on more auspicious days. In many European countries, including the UK, such days are...

Persistent link: https://www.econbiz.de/10010418005

Labor market institutions, fiscal multipliers, and macroeconomic volatility

Boeck, Maximilian; Crespo Cuaresma, Jesús; Glocker, … - 2022

We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration … more stringent labor market institutions attenuate both fiscal spending multipliers and macroeconomic volatility. This is … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …

Persistent link: https://www.econbiz.de/10013201691