Showing 1 - 10 of 13
since the mid-1990s, French unemployment and employment rates show stability or improvement as well as strong convergence to … U.S. levels. Unemployment-to-population rates for US and French 15-24 year olds have closely tracked one another since …
Persistent link: https://www.econbiz.de/10011031811
Persistent link: https://www.econbiz.de/10005450691
flexibility, labor market institutions, the trade-off between unemployment and inequality (the so-called unified theory), social … institutions and unemployment, in which is is assumed that Japan has comparatively high wage flexibility. …This paper examines the relationship between unemployment and labor market flexibility. The latter is considered in the …
Persistent link: https://www.econbiz.de/10005450692
been established between the recent rise in unemployment and the presence of strong wage-setting institutions and social …Measured by changes in real wages, earnings inequality and unemployment, the economic position of lower skilled workers … skilled workers in the "flexible" labor market of the United States and high and rising unemployment in "rigid" European labor …
Persistent link: https://www.econbiz.de/10005696104
unemployment across OECD countries, and while welfare state institutions aimed at employment, unemployment, and wage protection … inequality and unemployment, blames low skills for high earnings inequality in the U.S. and U.K., and attributes high European … unemployment to institutional constraints. This paper finds little evidence of a tradeoff between earnings inequality and …
Persistent link: https://www.econbiz.de/10005696108
We introduce the results of a non-parametric estimate of the US wage Phillips Curve into a simplified version of the model of the wage-price spiral by Flaschel and Krolzig (2008). Making use of Okun’s law, the non-linearity in the wage inflation-employment relation translates into a...
Persistent link: https://www.econbiz.de/10011031803
In the midst of massive job destruction and sharply rising long-term unemployment, a series of unemployment insurance … benefits reduce work incentives, UI extensions would exacerbate the long-term unemployment problem. This paper reviews the …
Persistent link: https://www.econbiz.de/10009021769
In New Classical and New Keynesian thinking, the cross-country pattern of unemployment reflects prevailing equilibrium … rates, which in turn are mainly explained by the protective labor market institutions that produce market rigidities. While … employment (and unemployment). …
Persistent link: https://www.econbiz.de/10009643520
This paper investigates the changing relationship between employment and real output in the U.S. economy from 1948 to 2010 both at the aggregate level and at some major industry-grouping levels of disaggregation. Real output is conventionally measured as value added corrected for price...
Persistent link: https://www.econbiz.de/10009643523
This paper tests whether a wage curve—a negative relationship between unemployment and pay—existed in Santiago, Chile … reforms, women’s pay falls three times more than men’s when unemployment doubles. Also, non-university educated and public … sector workers have suffered greater pay decreases from unemployment. Workers in the informal sector do not experience a drop …
Persistent link: https://www.econbiz.de/10005795537