Showing 1 - 7 of 7
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the … market, seem to support the hypothesis that an increase in the minimum wage generally leads to an increase in unemployment as …
Persistent link: https://www.econbiz.de/10005537096
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the … market, seem to support the hypothesis that an increase in the minimum wage generally leads to an increase in unemployment as …
Persistent link: https://www.econbiz.de/10010592293
unemployment persistence. …
Persistent link: https://www.econbiz.de/10005126077
In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment … reject the null hypothesis of a linear structure for Canadian unemployment. …
Persistent link: https://www.econbiz.de/10005412624
"In this paper we study the effect of small labor market entry cohorts on (un)employment in Western Germany. From a … theoretical point of view, decreasing cohort sizes may on the one hand reduce unemployment due to 'inverse cohort crowding' or on … the other hand increase unemployment if companies reduce jobs disproportionately. Consequently, the actual effect of …
Persistent link: https://www.econbiz.de/10009293298
A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it … adversely influences unemployment and considerably lengthens recessions. This paper tests for persistence in Canadian sectoral … unemployment, using the modified rescaled-range test. Our results show evidence of persistence in sectoral unemployment that …
Persistent link: https://www.econbiz.de/10005062535
This paper extends the standard Real Business Cycle model to incorporate sectoral shifts in unemployment. Using … possibility of generating persistent aggregate unemployment. Calibrated to Canadian data, the models suggest that the introduction … the observed persistence in unemployment. Empirically, we estimated a Vector Auto-Regressive model and successfully …
Persistent link: https://www.econbiz.de/10005412613