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There is a broad consensus among US opinion leaders that our economic problem is largely one of failures of international competition -- that trade deficits have eroded our manufacturing base, that inability to sell on world markets has been a major drag on economic growth, and that imports from...
Persistent link: https://www.econbiz.de/10012474468
prime-age employment-to-population ratio, suggest that there is still some slack in the labor market, other indicators on …. Using national time series and state cross-section data, we find (i) unemployment is a better predictor of wage inflation … than non-employment and (ii) vacancy rates and quit rates have substantial predictive power for wage inflation. We …
Persistent link: https://www.econbiz.de/10012938708
This paper develops a framework for analyzing unemployment in terms of …distribution of the inflow Into unemployment are the primary determinant of …drive the recession. In contrast to normal unemployment, cyclical unemployment …
Persistent link: https://www.econbiz.de/10012477074
states of employment, unemployment, and non-participation. The determinants of actual household transitions are then … investigated using continuous employment histories for a sample of low-income families. Simulations using the estimated transition … functions show that increased unemployment among married men has a sizeable short-run effect on both participation and …
Persistent link: https://www.econbiz.de/10012478409
. Likewise, most spells of employment end with labor force withdrawal rather than unemployment. Second, traditional estimates of …This paper challenges conventional views of unemployment. Its results suggest that failure to examine closely labor … force transitions has led to a misleading picture of unemployment and the way the labor market functions in general. There …
Persistent link: https://www.econbiz.de/10012478872
-wage jobs in higher-earning industries and occupations not just by raising employment. Training in transferable and certifiable … skills (likely under-provided from poaching concerns) and reductions of employment barriers to high-wage sectors for non …
Persistent link: https://www.econbiz.de/10012482466
frictions characterized by employment loss and employment opportunity arrival shocks. We argue that it is able to account for … shocks play a key role in allowing the model to match the persistence of the employment and out of the labor force states …
Persistent link: https://www.econbiz.de/10012463398
To illustrate how small the effects are, suppose that over the next nine years all of inshoring and offshore outsourcing grew at rates experienced during 1996-2005 in business, professional and technical services i.e., in segments where China and India have been particularly strong. Then workers...
Persistent link: https://www.econbiz.de/10012464585
employment and unemployment chances of unemployed job seekers. If anything, temporary help work seems to provide an access …Based on administrative data from the federal employment services in Germany, this paper applies statistical matching … techniques to estimate the stepping-stone function to regular employment of temporary help work for unemployed job seekers. Our …
Persistent link: https://www.econbiz.de/10012464803
less skilled and their employment responses to adverse employment shocks. Following program liberalization in 1984, DI … unemployment in the event of an adverse shock. The liberalization of the disability program appears to explain both facts ….S. unemployment rate would be two-thirds of a percentage point higher at present were it not for the liberalized disability system …
Persistent link: https://www.econbiz.de/10012470388