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economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … arrangements in place before the crisis and discretionary reforms implemented during the crisis. Emphasis is placed on the role of … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …
Persistent link: https://www.econbiz.de/10008727778
Survey to compare the period of growth of 1995-2007 to the Great Recession and its aftermath of 2008-11. In single earner … couples during the recession, both men and women substantially increased their job search activity following a partner's job … search during recession did not appear to translate into more success in finding work for either men or women. Among dual …
Persistent link: https://www.econbiz.de/10010720078
the housing bust. An analysis of employment and unemployment rates over the past 15 years shows that immigrants' labor … market outcomes are more cyclical than those of natives. The greater cyclicality of immigrants' employment and unemployment …Immigrants have figured prominently in U.S. economic growth for decades, but the recent recession hit them hard …
Persistent link: https://www.econbiz.de/10008765238
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To …
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
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as ‘ ‘ chain reactions’’ of responses to labor market shocks, working their way through systems of … construct aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting …
Persistent link: https://www.econbiz.de/10005703122
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