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Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …
Persistent link: https://www.econbiz.de/10013392182
Russian labour market, the unemployment growth. The purpose of the work is to find out which effects dominate in the Russian … were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …
Persistent link: https://www.econbiz.de/10012162975
The present research provides evidence on the determinants driving the differences in the unemployment …
Persistent link: https://www.econbiz.de/10012129903
We develop a possibility to work index (PWI) taking the ability to work from home and workplace closures into account. By using the data from the HLFS in Turkey, we examine the individual level determinants of PWI. Our findings reveal that PWI and ability to work from home are significantly...
Persistent link: https://www.econbiz.de/10012244360
This paper presents evidence on the short and long-term impact of the first COVID-19 wave on India's rural youth. We interviewed about 2,000 vocational trainees from Bihar and Jharkhand between March 2020 and March 2021. We report a stark difference between men and women: while many male workers...
Persistent link: https://www.econbiz.de/10012603410
evidence of the determinants of unemployment risk in Italy. We find that workers employed in routine-intensive occupations … (measured with the RTI proposed by Acemoglu and Autor, 2011) do not display - on average - higher unemployment risks than the …. Finally, the distribution of unemployment risk and its relation with routine-task intensity varies significantly across …
Persistent link: https://www.econbiz.de/10012222099
This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact...
Persistent link: https://www.econbiz.de/10012098962
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842
historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012249694