Showing 1 - 10 of 14
little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10005761750
In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...
Persistent link: https://www.econbiz.de/10005703320
This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …
Persistent link: https://www.econbiz.de/10005763713
This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …
Persistent link: https://www.econbiz.de/10005566503
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with...
Persistent link: https://www.econbiz.de/10010884236
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10005233758
We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the … interaction between land and labor markets, and decompose the equilibrium unemployment rate into two parts: a pure non-spatial one …
Persistent link: https://www.econbiz.de/10005761917
Assuming that job search efficiency decreases with distance to jobs, workers’ location in a city depends on spatial elements such as commuting costs and land prices and on labour elements such as wages and the matching technology. In the absence of moving costs, we show that there exists a...
Persistent link: https://www.econbiz.de/10005762294
unemployment rates about the behavior of labor markets and the causes of joblessness are useful. …
Persistent link: https://www.econbiz.de/10010570784
This paper investigates the relationship between labor force participation rate and unemployment rate in Turkey a … indicate that there is no long-run relationship between labor force participation and unemployment rates in Turkey. Thus …, unlike in the case of the developed countries the unemployment invariance hypothesis is supported in Turkey. …
Persistent link: https://www.econbiz.de/10011167201