Showing 1 - 10 of 351
There is a tremendous diversity in the level and time-series pattern of the self-employment rate across countries. After documenting this fact with cross-section and time-series data on industrialized and lesser-developed countries, this paper presents and tests a series of hypotheses concerning...
Persistent link: https://www.econbiz.de/10005791326
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment … pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of …
Persistent link: https://www.econbiz.de/10005136518
To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue … that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related …, and thus creates unemployment. Second, as firms substitute capital for labour, the marginal product of capital falls; over …
Persistent link: https://www.econbiz.de/10005662079
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers’ reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to...
Persistent link: https://www.econbiz.de/10009246610
Using data from the German socio-economic panel this paper analyses the labour market entrance of former apprentices … apprentices in their training firms is fairly low. Second, the transition to employment involves unemployment periods for many …
Persistent link: https://www.econbiz.de/10005788896
In this paper we argue that employment protection legislation is more likely to arise when the rents earned by the employed over their alternative wage is greater. The model explains why economies with greater real wage rigidity also have greater employment protection. The model also predicts...
Persistent link: https://www.econbiz.de/10005791239
Previous estimates of the effect of unemployment on crime commonly omit determinants of criminal behavior that vary … with the business cycle, creating correlation between unemployment rates and the residuals in aggregate crime regressions … accompanying omitted variables bias to estimates of the effect of unemployment on crime. Using a state-level panel for the period …
Persistent link: https://www.econbiz.de/10005791606
We study the influence of social networks on labour market transitions. We develop the first model where social ties … negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …
Persistent link: https://www.econbiz.de/10005792539
The paper explores the influence of job security provisions on employment and unemployment. We show that this influence … depends on the persistence of the macroeconomic fluctuations to which the labour market is exposed, and on employees …’ bargaining power in wage negotiations. Specifically, costs of firing and hiring reduce employment and stimulate unemployment when …
Persistent link: https://www.econbiz.de/10005124142
Unemployment in Europe is a worrying phenomenon not so much because it hits 18 million people, but because it almost … exclusively affects particular population segments. Italy represents a textbook case of a European country where labour market … unemployment rate. Thus, understanding the Italian unemployment and finding effective solutions for it, is useful to understand and …
Persistent link: https://www.econbiz.de/10005067385