Showing 1 - 10 of 379
' 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 …
Persistent link: https://www.econbiz.de/10011095493
transition rates. We focus on hysteresis effects of the durations and incidence of previous spells out of work. We estimate … 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 …
Persistent link: https://www.econbiz.de/10005070417
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and … equilibrium paths. Hysteresis is viewed as the result of a selection between these different equilibrium paths. We use this model … of the 1970’s may have played a central role in generating hysteresis. …
Persistent link: https://www.econbiz.de/10005822131
This paper compares models used to explain OECD unemployment. The models suggest that the “natural rate of unemployment …” has been driven up mainly by wage push factors. Panel data on twenty-two OECD countries are used to investigate the …
Persistent link: https://www.econbiz.de/10005703112
This briefing paper provides an overview of the social housing sector in the EU area. After presenting how Member States define social housing, it details the response of the sector to the 2007-2008 financial crisis. In addition, it sheds light on the most recent developments at the EU level on...
Persistent link: https://www.econbiz.de/10015306415
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead …
Persistent link: https://www.econbiz.de/10010884315
This paper analyzes the long-term effects of graduating in a recession on earnings, job mobility, and employer characteristics for a large sample of Canadian college graduates using matched university-employer-employee data from 1982 to 1999. The results are used to assess the role of job...
Persistent link: https://www.econbiz.de/10005822077
occupational unemployment. In almost all occupations, we find support for both the structuralist and the hysteresis hypotheses, but …This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant … for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the …
Persistent link: https://www.econbiz.de/10005822105
US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
Persistent link: https://www.econbiz.de/10005233799
discrete choice panel data model controlling for unobserved heterogeneity to simultaneously estimate labor supply and the …
Persistent link: https://www.econbiz.de/10005763499