Showing 1 - 10 of 18
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria. Analyzing data for over …
Persistent link: https://www.econbiz.de/10012466022
Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the … heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment … institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find …
Persistent link: https://www.econbiz.de/10012471501
apparently ended in 1982. During the past three years, Canadian unemployment rates have been some three percentage points higher … explanations for this new unemployment gap. We first show that the demographic and industrial composition of the two countries is … Canadian unemployment relative to U.S. unemployment can not be fully attributed to output movements. We find that the gap …
Persistent link: https://www.econbiz.de/10012477236
We construct a utility-based model of fluctuations, with nominal rigidities and unemployment, and draw its implications … for the unemployment-inflation tradeoff and for the conduct of monetary policy.<br><br>We proceed in two steps. We first … unemployment in the constrained efficient allocation. We then focus on the implications of alternative real wage setting mechanisms …
Persistent link: https://www.econbiz.de/10012464750
interpretation for the dynamic inflation--unemployment relation found in the data …
Persistent link: https://www.econbiz.de/10012466865
In the 1970s, European unemployment started increasing. It increased further in the 1980s, to reach a plateau in the … 1990s. It is still high today, although the average unemployment rate hides a high degree of heterogeneity across countries …. The focus of researchers and policy makers was initially on the role of shocks. As unemployment remained high, the focus …
Persistent link: https://www.econbiz.de/10012466922
In countries where wages are primarily set by collective bargaining, the effects on unemployment of changes in the … relations. In this paper, we examine the role this quality of labor relations has played in the evolution of unemployment across … relations have experienced higher unemployment. This conclusion remains even after controlling for labor institutions …
Persistent link: https://www.econbiz.de/10012468103
, leading in turn to higher, not lower, unemployment. And, even if unemployment comes down, workers may actually be worse off …, going through many spells of unemployment and fixed duration jobs, before obtaining a regular job. Looking at French data … substantial reduction in unemployment duration. If anything, their effect on welfare of young workers appears to have been …
Persistent link: https://www.econbiz.de/10012470505
Over the last 15 years, Portugal and the United States have had the same average unemployment rate, about 6.5%. But … behind these similar rates hide two very different labor markets. Unemployment duration in Portugal is more than three times … that of the United States. Symmetrically, the flow of workers into unemployment in Portugal is, in proportion to the labor …
Persistent link: https://www.econbiz.de/10012472174