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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
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
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …
Persistent link: https://www.econbiz.de/10005703238
people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …
Persistent link: https://www.econbiz.de/10005703506
In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …
Persistent link: https://www.econbiz.de/10005822067