flexible multi-state Mixed Proportional Hazard specifications for transition rates between employment, unemployment, and …' transition rates from unemployment to employment increase. Longer periods of non-employment generally decrease future transition … transition rates. We focus on hysteresis effects of the durations and incidence of previous spells out of work. We estimate …

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and … balanced budget rules cause a complementarity between capital and employment capable of explaining the existence of multiple … equilibrium paths. Hysteresis is viewed as the result of a selection between these different equilibrium paths. We use this model …

' subsequent employment opportunities. An analysis of panel data from OECD countries during the 1960-2010 periods reveals that a … worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 ….14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this …

This paper compares models used to explain OECD unemployment. The models suggest that the “natural rate of unemployment …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …

This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …

The IAB employment subsample is now available for researchers in a third, anonymised version. Following the so …-called basic file and the regional file from the IAB employment subsample, which encompassed the years 1975 to 1990, the actualized … the period 1992 to 1995. Therefore, the IAB employment subsample is equipped with data of one percent of all employees …

Using two Dutch labour force surveys, employment assimilation of immigrants is examined. We observe marked differences … compared to other non-western immigrants but they still suffer from high unemployment. The study also documents that the …

economic turmoil in 1992-1995. Despite the catastrophic fall in GDP employment contracted only marginally. This flexibility has … been achieved mainly through the informalization of employment, and through the reallocation of labor towards small … of the Georgian labor force relies on self-employment as the primary means to earn an income. For some, this is an avenue …

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 …