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both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …
Persistent link: https://www.econbiz.de/10005561342
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
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
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
We investigate the mapping from individual to aggregate labor supply using a general equilibrium heterogeneous-agent model with an incomplete market. The nature of heterogeneity among workers is calibrated using wage data from the PSID. The gross worker flows between employment and nonemployment...
Persistent link: https://www.econbiz.de/10005126339
We investigate why we observe non-negative duration dependence among young unemployed men in urban Ethiopia. Assuming … that genuine duration dependence is negative, there are five explanations for a non-decreasing hazard: the presence of … unemployment benefits, the existence of Active Labour Market Policies, the change in labour demand, segmentation of the labour …
Persistent link: https://www.econbiz.de/10005556022
incidence and duration and find that most variables have the same effect on both. Unemployment is concentrated among relatively … well-educated first time job seekers who come from the middle classes. Mean duration of unemployment is close to four years …With around 50% of the urban men between age 15 and 30 unemployed, Ethiopia has one of the highest unemployment rates …
Persistent link: https://www.econbiz.de/10005556068
The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment … insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …
Persistent link: https://www.econbiz.de/10005125042
In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …
Persistent link: https://www.econbiz.de/10005125902
This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …
Persistent link: https://www.econbiz.de/10005126134