Showing 1 - 10 of 42
Although it is a common theoretical assumption that the chances to find a job fall with time in unmeployment, this is not systematically confirmed by empirical evidence, and there is no evidence for developing countries.  We develop a farmework that allows us to test the four major explanations...
Persistent link: https://www.econbiz.de/10011004427
This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up … enrolment decision that is capable of explaining these results in a unified manner. In this model, unemployment affects the …
Persistent link: https://www.econbiz.de/10010604918
unemployment benefits, the existence of Active Labour Market Policies, the change in labour demand, segmentation of the labour … market, and unemployment as a queuing phenomenon. We test each of these explanations and find that labour market segmentation …
Persistent link: https://www.econbiz.de/10010604938
on unemployment are examined. The model controls for macroeconomic shocks, and include the possibility of interactions …
Persistent link: https://www.econbiz.de/10010604969
, and in the growth of their labour forces. Whereas China - a labour-surplus economy par excellence despite unemployment … historically has been short of labour - is moving towards increased labour surplus in the form of open unemployment. The paper …
Persistent link: https://www.econbiz.de/10010604971
of wages to local unemployment. Examining this spatial relationship, we find that the elasticity of wages to local … unemployment rates in South Africa is -0.1, similar to that found in other countries, including the US and the UK. This is striking … because South Africa has a national unemployment rate of over 30%. We find that the wage curve elasticity persists over a much …
Persistent link: https://www.econbiz.de/10010605106
This paper examines an open economy model in which equilibrium unemployment depends on capacity in the traded …-goods sector. The model is estimated using U.K. quarterly data and compared with alternative concepts of equilibrium unemployment … utilisation and the degree of volatility of the real exchange rate interact to generate changes in equilibrium unemployment. This …
Persistent link: https://www.econbiz.de/10010605112
In this paper we introduce a small Keynesian model of economic growth which is centered around two advanced types of Phillips curves, one for money wages and one for prices, both being augmented by perfect myopic foresight and supplemented by a measure of the medium-term inflationary climate...
Persistent link: https://www.econbiz.de/10010605118
of the French case. The result is a model that can very accurately stimulate the movement of unemployment in the 1920s … raised unemployment each year by more than primary policies introduced to combat unemployment - public works and repatriation …
Persistent link: https://www.econbiz.de/10010605123
The Welsh economy has undergone rapid structural change in recent years. This paper uses data from the New Earnings Survey to examine how earnings in Wales changed relative to those of Great Britain between 1975 and 1994. There are five main findings. First, earnings of workers in Wales have...
Persistent link: https://www.econbiz.de/10010605171