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How are Product Demand Changes Transmitted to the Labour Market?

Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1993

product demand can affect employment under these conditions. The analysis suggests that the longer-term effectiveness of …

Persistent link: https://www.econbiz.de/10005504209

Imperfect Competition, Underemployment Equilibria and Fiscal Policy

Pagano, Marco - C.E.P.R. Discussion Papers - 1989

employment are determined by optimizing choices in an imperfectly competitive setting. It turns out that underemployment …

Persistent link: https://www.econbiz.de/10005281303

Explaining Disparities in Unemployment Dynamics

Karanassou, Marika; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1993

-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

Markups in the Labour and Product Markets and the Relative Performance of Industry and Services: Italy 1951-90

Brunello, Giorgio - C.E.P.R. Discussion Papers - 1993

product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 … markets were quantitatively more important than changes in product markets in the determination of sectoral employment growth … remained constant after 1973, our simulations suggest that, on average, industrial and service employment would have been …

Persistent link: https://www.econbiz.de/10005666840

A Contribution to Unemployment Dynamics

Karanassou, Marika; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1995

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