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In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European … significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by …
Persistent link: https://www.econbiz.de/10010745531
This paper studies the responses of unemployment in Germany, the United States and Britain to the Great Recession of … suffered from recession but no structural problems; the United States suffered from structural unemployment during the recovery …; Germany exhibited a much better performance both during and after the recession. The rise in OECD unemployment is broken down …
Persistent link: https://www.econbiz.de/10010746523
In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European … significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by …
Persistent link: https://www.econbiz.de/10011071184
European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …
Persistent link: https://www.econbiz.de/10010884644
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10010928750
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
underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …. 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
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
procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10010745347