Showing 1 - 10 of 53
Spain has had a serious structural unemployment problem for the last 20 years. This paper argues that the interaction … of firing costs and job-to-job flows added to changes in unemployment benefits, could provide an explanation for … equilibrium unemployment increasing, since 1984. First, we construct a new series of job-to-job flows and show it is significantly …
Persistent link: https://www.econbiz.de/10005590698
methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment …
Persistent link: https://www.econbiz.de/10005248228
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …
Persistent link: https://www.econbiz.de/10005248294
potential equilibria, the unemployment rates of the different types of workers, the degree of wage inequality, and the response …
Persistent link: https://www.econbiz.de/10005022282
combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …
Persistent link: https://www.econbiz.de/10005263884
To understand better Canada's smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada's labor market efficiency...
Persistent link: https://www.econbiz.de/10005263929
, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …
Persistent link: https://www.econbiz.de/10005263994
restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …
Persistent link: https://www.econbiz.de/10005264000
differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining … productivity and unemployment differentials. …
Persistent link: https://www.econbiz.de/10005264211
Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...
Persistent link: https://www.econbiz.de/10009654146