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hiring at least 20% of their labor force locally. Drawing from a unique geo-referenced dataset of unemployment spells in the … unemployment duration, distinguishing between short- and medium-term effects. This is done by implementing an original two …
Persistent link: https://www.econbiz.de/10009649830
unemployment results. With an intermediate view, when partial equilibrium effects are taken into account, high real wages and … unemployment results, which may explain the persistence of high unemployment in Europe. If all general equilibrium effects are … incorporated at once, again low real wages and low unemployment results. We thus obtain a hump-shaped relationship between the …
Persistent link: https://www.econbiz.de/10005703472
unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production … leading to a rise in unemployment. Moreover, we identify polar cases when unemployment strongly decreases. …
Persistent link: https://www.econbiz.de/10005822836
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005763620
collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …
Persistent link: https://www.econbiz.de/10008506085
bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …
Persistent link: https://www.econbiz.de/10005700877
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10011094076
real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers’ federations are not able to …
Persistent link: https://www.econbiz.de/10005762308
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010748385
between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities … quantile regressions confirm the positive link between unemployment and crime for property crimes, results for assault differ …
Persistent link: https://www.econbiz.de/10010812502