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We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …
Persistent link: https://www.econbiz.de/10010877790
unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic … equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and … reallocation unemployment. We document new evidence on unemployed workers’ gross occupational mobility and use it to calibrate the …
Persistent link: https://www.econbiz.de/10010877858
In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … conditions under which - in contrast to free trade with undistorted labor markets - welfare declines and unemployment increases …
Persistent link: https://www.econbiz.de/10008534017
performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …
Persistent link: https://www.econbiz.de/10010877810
be endogenous to (shocks in) employment, we use IV estimation methods. Overall, we find evidence in favour of the Oswald … employment like labour costs and productivity, the skill level of the population, and demography. Considering that ownership may … significant fall in the employment rate by about 0.3 percentage points. Our results underscore the importance of including other …
Persistent link: https://www.econbiz.de/10008861865
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …
Persistent link: https://www.econbiz.de/10005013065
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … educated. In 2009, the Employment Contract Law relaxed employment protection legislation and sought to raise income protection … would facilitate the structural transformation and reduce the long-term unemployment rate. Linking increases in unemployment …
Persistent link: https://www.econbiz.de/10009653373
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009221551
-Planck equations for the densities of individual wealth and employment status. These equations also characterize the aggregate …
Persistent link: https://www.econbiz.de/10008534003
high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …
Persistent link: https://www.econbiz.de/10005094289