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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 …
Persistent link: https://www.econbiz.de/10005822664
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross …-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor …-intensive sectors. Employment in middle-income countries is susceptible to a resource curse, and grows rapidly in response to …
Persistent link: https://www.econbiz.de/10010585691
higher education performance in education, research and economic innovation, using non-arbitrary weights and eighteen policy …Higher education contributes to economic innovation. This study measures and compares the extent to which national …
Persistent link: https://www.econbiz.de/10010884401
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
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … outcomes in addition to employment effects. We report strong evidence of adverse employment effects among adult females and … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10008455546
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990 …
Persistent link: https://www.econbiz.de/10005761882
the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of … the average wage and a reduction in employment of -0.46%. We find that increases in the private sector minimum wage are … wage may increase unemployment. There are no discernable effects of minimum wages on the wages of workers in small-firms or …
Persistent link: https://www.econbiz.de/10005762034