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Should policymakers seek to increase jobs in particular local labor markets? Yes, but only if these policies are well targeted and designed. Encouraging job growth in distressed places can cause persistent gains in employment-to-population ratios. But our current place-based jobs policies, under...
Persistent link: https://www.econbiz.de/10012038852
I thank Claire Black and Wei-Jang Huang for assistance in preparing this paper. I appreciate the comments of George Erickcek on a preliminary version of this paper. This paper was previously presented on November 20, 2009 at the 57th Annual Economic Outlook Conference of the Research Seminar in...
Persistent link: https://www.econbiz.de/10003921926
The paper illustrates the effect of a permanent demand-side shock in the perturbed regions and the associated spillover effects in the non-perturbed regions using the RHOMOLO spatial-numerical general equilibrium model of the EU economy. We test to what extent gradual upward pressure on wages...
Persistent link: https://www.econbiz.de/10011992497
youth unemployment in Europe? Economic theory predicts that in the absence of perfectly competitive labour markets, changes … in the relative size of age groups will cause changes in age-specific unemployment rates. In light of the expected … self-select into areas of low unemployment, the empirical analysis employs an instrumental variables estimator to identify …
Persistent link: https://www.econbiz.de/10010380569
local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …
Persistent link: https://www.econbiz.de/10010325201
local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …
Persistent link: https://www.econbiz.de/10011335216
This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …
Persistent link: https://www.econbiz.de/10011730867
public employment in total employment has been greatest where unemployment was highest and growing the fastest, in ethnically … public employment for several purposes: as a kind of economic insurance to cushion the population against unemployment; as a …
Persistent link: https://www.econbiz.de/10011335239
This paper estimates causal effects of two Polish active labor market policies - Training and Intervention Works - on employment probabilities. Using data from the 18th wave of the Polish Labor Force Survey we discuss three stages of an appropriately designed matching procedure and demonstrate...
Persistent link: https://www.econbiz.de/10011403475
labour market policy measures have a positive impact on the transition from chronic unemployment to non-subsidized employment …Individual unemployment spells are frequently interrupted by short casual employment, by participation in active labour … market policy (ALMP) measures or by periods outside the labour force. Such episodes end unemployment spells but afterwards …
Persistent link: https://www.econbiz.de/10011999084