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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
This paper examines the possibility of unit roots in the presence of endogenously determined multiple structural breaks in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the procedure of Gil-Alana (2008) for single structural break...
Persistent link: https://www.econbiz.de/10009359856
. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …
Persistent link: https://www.econbiz.de/10005004554
This paper compares models used to explain OECD unemployment. The models suggest that the “natural rate of unemployment …
Persistent link: https://www.econbiz.de/10005703112
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
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
unemployment rates about the behavior of labor markets and the causes of joblessness are useful. …
Persistent link: https://www.econbiz.de/10010570784
Die große Wirtschaftskrise hat bisher nur verhaltene Spuren am Arbeitsmarkt hinterlassen. Angesichts der unsicheren weiteren konjunkturellen Entwicklung, der schlechten Auslastung der Arbeitskräfte in den Unternehmen und der hohen Kurzarbeit erwarten viele Beobachter zum Herbst einen...
Persistent link: https://www.econbiz.de/10008615418
Nach einem neuen methodischen Prognosekonzept, das arbeitsmarktbezogene Internetdaten nutzt, entspannt sich zum Frühjahr 2009 die Arbeitsmarktlage. Das Papier erläutert die Technik der Prognose der Arbeitslosigkeit unter Nutzung der Messung der Google-Suchaktivität und illustriert die...
Persistent link: https://www.econbiz.de/10008615424
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