Showing 1 - 10 of 352
Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …
Persistent link: https://www.econbiz.de/10009147491
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10005015481
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment … are much lower in Europe compared to North America, while employment-to-employment flows are similar in the two continents … states that raised firing costs by introducing exceptions to the employment-at-will doctrine. …
Persistent link: https://www.econbiz.de/10005762182
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …
Persistent link: https://www.econbiz.de/10011212754
employment into unemployment; ii) job-search effectiveness measured by the probability of moving from unemployment into … the effect is positive in the most recent periods. For native transition from employment to unemployment a complementary … result was partly to be expected, and therefore the effect of immigrants on native employment is analyzed here. Two aspects …
Persistent link: https://www.econbiz.de/10005233826
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the …
Persistent link: https://www.econbiz.de/10005247692
than it was in 1989. Last, the rate of self-employment has been falling gently in ISSP data; even so three to four times as … satisfied than are employees, one consistent interpretation of the above is that the barriers to self-employment have grown in …
Persistent link: https://www.econbiz.de/10005015469
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
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 viewed as the outcome of the interplay between labor market shocks and prolonged …
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 … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …
Persistent link: https://www.econbiz.de/10005703238