Showing 1 - 10 of 17
This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10008543262
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates …
Persistent link: https://www.econbiz.de/10005247692
climate of employment relations and union effects on employment growth. …
Persistent link: https://www.econbiz.de/10005763571
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …
Persistent link: https://www.econbiz.de/10008548704
’s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10005566432
it is quite small in 2004. Negative union effects on employment growth and financial performance are largely confined to …
Persistent link: https://www.econbiz.de/10005762266
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004961441
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as ‘ ‘ chain reactions’’ of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the...
Persistent link: https://www.econbiz.de/10005703122
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10005703234
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10005703238