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This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...
Persistent link: https://www.econbiz.de/10005504680
immigrants arriving from non-western countries. The aim of this paper is to explore the link between citizenship and employment … on employment probabilities in both Canada and Sweden. The size of the co-ethnic population has a positive impact for …
Persistent link: https://www.econbiz.de/10008874618
participation, employment and disposable income. In contrast to earlier studies we are able to capture both entry and exit effects … mandatory activation of welfare receivers reduce overall welfare participation and increases employment. We also find that …
Persistent link: https://www.econbiz.de/10005644579
This paper examines whether differences in welfare regimes shape the incentives to work and get educated. Using microeconomic data for more than 100,000 European individuals, the results show that welfare regimes make a difference for wages and education. First, people- and household-based...
Persistent link: https://www.econbiz.de/10008854522
This paper explores the two common concepts of the natural rate of unemployment: (i) the stable, long-run equilibrium rate of unemployment; and (ii) the equilibrium unemployment rate at which there is no tendency for this rate to change, given the exogenous variables. The first concept (common...
Persistent link: https://www.econbiz.de/10005136587
employment turnover and high insurance can co-exist with an American-type steady-state with low unemployment, high employment …
Persistent link: https://www.econbiz.de/10005067497
of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … for labor by skill attributable to technological innovation. The employment crisis has been met by an unprecedented …
Persistent link: https://www.econbiz.de/10005419214
. Young workers are the most affected by the Great Recession both in terms of unemployment rates as well as employment rates …. For prime age workers employment rates were also affected but for older workers the Great Recession did not have a large …
Persistent link: https://www.econbiz.de/10011165672
-run unemployment rate) and the lag structure of the employment determination, wage setting, and labour force participation decisions …
Persistent link: https://www.econbiz.de/10005114179