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The Nature of Occupational Unemployment Rates in the United States: Hysteresis or Structural?
Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis A. - Institute for the Study of Labor (IZA) - 2008
for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the … the 0/1 paradigm about the order of integration, usually implemented for testing the hypothesis of hysteresis in … occupational unemployment. In almost all occupations, we find support for both the structuralist and the hysteresis hypotheses, but …
Persistent link: https://www.econbiz.de/10005822105
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On the Role of Sectoral and National Components in the Wage Bargaining Process
Dreger, Christian; Reimers, Hans-Eggert - Institute for the Study of Labor (IZA) - 2010
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10008560747
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The Tax System Incidence on Unemployment: A Country-Specific Analysis for the OECD Economies
García, José Ramón; Sala, Hector - Institute for the Study of Labor (IZA) - 2006
This paper provides a detailed analysis on the incidence of the tax structure on the labor market. To do so it goes beyond the traditional examination of the ‘level’ effect of the fiscal wedge and considers a ‘composition’ effect defined as a payroll tax bias (PTB): the proportion of...
Persistent link: https://www.econbiz.de/10005703620
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Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence
Coibion, Olivier; Gorodnichenko, Yuriy; Koustas, Dmitri - Institute for the Study of Labor (IZA) - 2013
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future U.S. recessions might look more like the Eurosclerosis experience of the 1980s than traditional V-shaped recoveries of the past. In this paper, we revisit possible explanations...
Persistent link: https://www.econbiz.de/10010709718
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Worker Identity, Employment Fluctuations and Stabilization Policy
Snower, Dennis J.; Lechthaler, Wolfgang - Institute for the Study of Labor (IZA) - 2013
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead …
Persistent link: https://www.econbiz.de/10010884315
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Unemployment in the OECD: Models and Mysteries
Junankar, P. N.; Madsen, Jakob B. - Institute for the Study of Labor (IZA) - 2004
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 explanatory power of these models over the past two...
Persistent link: https://www.econbiz.de/10005703112
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Unemployment, Growth and Fiscal Policy: New Insights on the Hysteresis Hypothesis
Raurich, Xavier; Sala, Hector; Sorolla, Valeri - Institute for the Study of Labor (IZA) - 2004
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
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Labor Market Institutions and Long-Term Effects of Youth Unemployment
Kawaguchi, Daiji; Murao, Tetsushi - Institute for the Study of Labor (IZA) - 2014
Graduating from a school during a time of adverse economic conditions has a persistent, harmful effect on workers' 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...
Persistent link: https://www.econbiz.de/10011095493
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Gender Differences in Job Separation Rates and Employment Stability: New Evidence from Employer-Employee Data
Frederiksen, Anders - Institute for the Study of Labor (IZA) - 2006
I analyze the job separation process to learn about gender differences in job separation rates and employment stability. An essential finding is that employer-employee data are required to identify gender differences in job separation probabilities because of labor market segregation. Failure to...
Persistent link: https://www.econbiz.de/10005703103
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Employment Changes, the Structure of Adjustment Costs, and Plant Size
Nilsen, Øivind A.; Salvanes, Kjell G.; Schiantarelli, Fabio - Institute for the Study of Labor (IZA) - 2003
In this paper we analyze the pattern of employment adjustment using a rich panel of Norwegian plants. The data suggest that the frequency of episodes of zero net employment changes is inversely related to plant size. We develop and estimate a simple “q” model of labor demand, allowing for...
Persistent link: https://www.econbiz.de/10005703432