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This paper examines the relation between ambition, as a form of dynamic human capital, and the escalator role of high order metropolitan regions, as originally identified by Fielding (1989). It argues that occupational progression in such places particularly depends on concentrations both of...
Persistent link: https://www.econbiz.de/10010746485
This paper examines the relation between ambition, as a form of dynamic human capital, and the escalator role of high-order metropolitan regions, as originally identified by A. J. Fielding. It argues that occupational progression in such places particularly depends on concentrations both of...
Persistent link: https://www.econbiz.de/10011125904
the minimum wage, trade unions, unemployment insurance, progressive income taxation and restrictions on labour contracts û …
Persistent link: https://www.econbiz.de/10010745358
allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …
Persistent link: https://www.econbiz.de/10010744813
finds equivocal effects on other aggregate outcomes, such as employment and unemployment. Given weaknesses in the …
Persistent link: https://www.econbiz.de/10010744832
. Disaggregation by gender is necessary. Endogeneity of participation levels with respect to unemployment is treated in two ways, by … unemployment cannot be rejected. …
Persistent link: https://www.econbiz.de/10010744859
. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10010744873
We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high … by developed nations in the last twenty years, substantially amplify the impact on the domestic unemployment rate of …
Persistent link: https://www.econbiz.de/10010744954
becoming unemployed, the costs of unemployment in terms of real wages losses and the probability that the continuously employed …
Persistent link: https://www.econbiz.de/10010745282
I develop a New Keynesian model in which a type of government multiplier doubles when unemployment rises from 5 percent … unemployment is high, the increase in tightness and resulting crowding-out are small. …
Persistent link: https://www.econbiz.de/10010745284