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Employment in Poland 2005

Bukowski, Maciej; Lewandowski, Piotr; Magda, Iga; … - EconWPA - 2005

present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the … with some policy prescriptions. At the moment Poland exhibits the highest unemployment rate in OECD and one of the lowest … increase of unemployment in 1998- 1999 and its later persistence. We find that the supply-side characteristics and sectoral …

Persistent link: https://www.econbiz.de/10005556757

The Nature of Countercyclical Income Risk

Guvenen, Fatih; Song, Jae; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2012

This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...

Persistent link: https://www.econbiz.de/10011271386

Labor Market Slack and Monetary Policy

Levin, Andrew Theo; Blanchflower, David G. - National Bureau of Economic Research (NBER) - 2015

conventional measure of the unemployment rate (that is, the number of individuals who are not working at all and actively searching … working part time who want a full-time job) and the extent of hidden unemployment (that is, people who are not actively ….S. labor market slack and show that underemployment and hidden unemployment currently account for the bulk of the U …

Persistent link: https://www.econbiz.de/10011262922

Heterogeneity and Aggregation in the Labor Market: Implications for Aggregate Preference Shifts

Chang, Yongsung; Kim, Sun-Bin - EconWPA - 2004

The cyclical behavior of hours worked, wages, and consumption does not conform with the prediction of the representative agent with standard preferences. The residual in the intra-temporal first-order condition for commodity consumption and leisure is often viewed as a failure of labor-market...

Persistent link: https://www.econbiz.de/10005076681

The importance of two-sided heterogeneity for the cyclicality of labour market dynamics

Bachmann, Ronald; David, Peggy - Institut für Wirtschafts- und Sozialstatistik, … - 2009

Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job °ows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...

Persistent link: https://www.econbiz.de/10009216899

How Much Is Employment Increased by Cutting Labor Costs? Estimating the Elasticity of Job Creation

Beaudry, Paul; Green, David A.; Sand, Benjamin M. - National Bureau of Economic Research (NBER) - 2010

In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job creation curve. In this paper, we use U.S. data over the 1970-2007 period to explore whether labor market outcomes abide by the restrictions implied by such models and to evaluate...

Persistent link: https://www.econbiz.de/10008625924

A Formal Test of Assortative Matching in the Labor Market

Abowd, John M.; Kramarz, Francis; Pérez-Duarte, Sébastien - National Bureau of Economic Research (NBER) - 2009

We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...

Persistent link: https://www.econbiz.de/10008627128

Search in Macroeconomic Models of the Labor Market

Rogerson, Richard; Shimer, Robert - National Bureau of Economic Research (NBER) - 2010

This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...

Persistent link: https://www.econbiz.de/10008635906

Manufacturing Decline, Housing Booms, and Non-Employment

Hurst, Erik; Charles, Kerwin Kofi; Notowidigdo, Matthew J. - National Bureau of Economic Research (NBER) - 2013

We assess the extent to which manufacturing decline and housing booms contributed to changes in U.S. non-employment during the 2000s. Using a local labor market design, we estimate that manufacturing decline significantly increased non-employment during 2000-2007, while local housing booms...

Persistent link: https://www.econbiz.de/10010635816

Gender Roles and Medical Progress

Albanesi, Stefania; Olivetti, Claudia - National Bureau of Economic Research (NBER) - 2009

The entry of married women into the labor force is one of the most notable economic phenomena of the twentieth century. We argue that medical progress played a critical role in this process. Improved maternal health alleviated the adverse effects of pregnancy and childbirth on women's ability to...

Persistent link: https://www.econbiz.de/10005714068

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