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More alike than different : the Spanish and Irish labour markets before and after the crisis
Agnese, Pablo; Salvador, Pablo F. - In: IZA journal of European Labor Studies 1 (2012), pp. 1-24
dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries. …
Persistent link: https://www.econbiz.de/10009725373
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Do policies that reduce unemployment raise its volatility? : evidence from OECD countries
De Serres, Alain; Murtin, Fabrice - 2013
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10009711222
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The Jobs Challenge in Poland : Policies to Raise Employment
Burns, Andrew - 2004
inactivity traps inherent in the Polish personal transfer system, while improving the efficiency and targeting of social …
Persistent link: https://www.econbiz.de/10012445638
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Chapter 7. Search in Macroeconomic Models of the Labor Market
Rogerson, Richard; Shimer, Robert - In: Handbook of labor economics : volume 4, part A, (pp. 619-700). 2011
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
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Working-week flexibility : implications for employment and productivity
Osune, Victoria - 2014
This paper evaluates the effects for the Spanish case of allowing greater flexibility regarding the weekly hours worked on the working week, employment and productivity. A baseline model economy is calibrated to reproduce the cross-sectional distribution of workweeks across plants, as well as...
Persistent link: https://www.econbiz.de/10010241369
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Better harnessing talent and knowledge to boost sustainable medium-term growth in Spain
Haugh, David; Westmore, Ben - 2014
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10010464864
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China's Labour Market in Transition : Job Creation, Migration and Regulation
Herd, Richard - 2010
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10012444601
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How did immigrants fare in the Irish labour market over the Great Recession?
Kelly, Elish; McGuinness, Séamus; O'Connell, Philip J.; … - 2016
This paper identifies the labour market impact of the Great Recession on immigrants compared to natives and how this relationship has evolved since the downturn. We find that the employment penalty suffered by immigrant workers, relative to native workers, increased significantly over the Irish...
Persistent link: https://www.econbiz.de/10011577698
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A revised approach to trend employment projections in long-term scenarios
Cavalleri, Maria Chiara; Guillemette, Yvan - 2017
The paper describes revisions to the trend employment component of the production function underpinning long-term economic scenarios. Starting with historical age and sex-specific employment rates, a novel approach is developed to correct for cyclical effects using the country-level employment...
Persistent link: https://www.econbiz.de/10011700324
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Chapter 41 Gross job flows
Davis, Steven J.; Haltiwanger, John - In: Handbook of labor economics : volume 3, part B, (pp. 2711-2805). 1999
Market economies experience high rates of job creation and job destruction in almost every time period and sector. Each year, many businesses expand and many others contract. New businesses constantly enter, while others abruptly exit or gradually disappear. Amidst the turbulence of business...
Persistent link: https://www.econbiz.de/10014024705