Showing 1 - 10 of 18
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 temporary shocks have persistent effects on unemployment; and (ii …
Persistent link: https://www.econbiz.de/10005791454
dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour …
Persistent link: https://www.econbiz.de/10005067622
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 … unemployment not only in the short run, but in the long run as well. The reason is that, in the presence of growing exogenous …
Persistent link: https://www.econbiz.de/10005504680
This paper examines the implications of labour force growth in one region for wages, employment, and production patterns in other regions. These issues are first explored in a stylized dual model incorporating features of both standard factor-based trade models and models of two-way trade and...
Persistent link: https://www.econbiz.de/10005666533
employment. We pay special attention to Spain, a country that has experienced a high persistent unemployment rate, and show that …
Persistent link: https://www.econbiz.de/10005124383
The paper uses BHPS waves 1–5 (1991–5) to compare paid work participation rates of men and women. Year-on-year persistence in paid work propensities is high, but greater for men than women. Non-work persistence is higher for women. Using panel data probit regression models, the paper also...
Persistent link: https://www.econbiz.de/10005504535
We present a model in which workers have to be educated to get employed and firms have to innovate in order to increase productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning opportunities differ across workers determine...
Persistent link: https://www.econbiz.de/10005114510
Differences in the rate of population growth between developed and developing countries have potentially important implications for patterns of trade, migration, and the distribution of the gains from economic activity, both within and between nations. This paper focuses on migration-related...
Persistent link: https://www.econbiz.de/10005656465
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial...
Persistent link: https://www.econbiz.de/10005792043
The paper explains how a country can fall into a 'low-skill, bad-job trap', in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms have little...
Persistent link: https://www.econbiz.de/10005124126