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European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …
Persistent link: https://www.econbiz.de/10005656377
This paper models regional earnings and unemployment in the ten regions of Great Britain between 1972 and 1995, paying … persistence in regional unemployment rates. We find no evidence of a negative effect of the overall unemployment rate on the …
Persistent link: https://www.econbiz.de/10005792081
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10009246610
European manufacturing industries in Germany, France, the UK and Italy are analysed. We focus on economies of scale at three …
Persistent link: https://www.econbiz.de/10005667100
This Paper presents new evidence on the determinants of unemployment duration for men and women in Britain in the 1990s … the probability of unemployment spells ending with moves into full and part-time employment, self-employment and economic … inactivity. The data show that the median duration of unemployment spells among men, at 5 months, is almost double that for women …
Persistent link: https://www.econbiz.de/10005123953
unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the …In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from … evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …
Persistent link: https://www.econbiz.de/10005656270
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up (“high-leverage firms”) exhibit a significantly larger decline in employment in...
Persistent link: https://www.econbiz.de/10011252614
This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The … theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of … government spending on public-sector jobs reduces unemployment, especially during recessions: the fiscal multiplier …
Persistent link: https://www.econbiz.de/10009324257
which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …
Persistent link: https://www.econbiz.de/10008692320
A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … those vacancies come onto the market. In particular, these workers’ experience average durations of unemployment which …
Persistent link: https://www.econbiz.de/10005123575