Showing 1 - 10 of 2,312
evidence is only starting to catch up. In particular, EPL is not robust as an indicator of overall unemployment, but previous …
Persistent link: https://www.econbiz.de/10011257710
decomposes regional differences in employment, economic inactivity and unemployment into components due to either structural or …Regional unemployment rates in Great Britain have narrowed dramatically in recent years. However, significant … differences still remain in terms of both employment and economic inactivity rates, which may now better reflect relative labour …
Persistent link: https://www.econbiz.de/10005762298
fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission …-equation unemployment rate models... …
Persistent link: https://www.econbiz.de/10005861659
cyclical job loss and unemployment fell disproportionately on young and unskilled workers. The paper identifies, by age, gender …
Persistent link: https://www.econbiz.de/10010887062
We have modeled the employment/population ratio in the largest developed countries. Our results show that the evolution of the employment rate since 1970 can be predicted with a high accuracy by a linear dependence on the logarithm of real GDP per capita. All empirical relationships estimated in...
Persistent link: https://www.econbiz.de/10009220106
In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...
Persistent link: https://www.econbiz.de/10005703292
We reconsider the central role of the natural rate of unemployment (NRU) in forming policy decisions. We show that the … unemployment rate does not gravitate towards the NRU due to frictional growth, a phenomenon that encapsulates the interplay between … empirical analysis and find that the NRU explains only 33% of the unemployment variation, while frictional growth accounts for …
Persistent link: https://www.econbiz.de/10005822576
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in … force. Originally, the model linking unemployment to inflation and labor force was developed and successfully tested for …. Nevertheless, the model explains between ~65% and ~95% of the variability in unemployment and inflation. For Italy, the rate of …
Persistent link: https://www.econbiz.de/10005837146
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10005762399
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005763538