Showing 1 - 7 of 7
.S. affecting firm behavior, but little is known about their outcomes. This paper estimates the effects on employment using a list … years of employment history and other variables. The results imply positive average effects on loan recipient employment of …
Persistent link: https://www.econbiz.de/10010884334
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …
Persistent link: https://www.econbiz.de/10011212754
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude … but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …
Persistent link: https://www.econbiz.de/10005233777
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
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
inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …
Persistent link: https://www.econbiz.de/10009147295