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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
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
Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual … outlier from the pattern, with abnormally low, and suspiciously stable, unemployment rates according to its official … statistics. This paper calculates, for the first time, China's unemployment rate from 1988 to 2009 using a more reliable …
Persistent link: https://www.econbiz.de/10012457208
: generating a sufficient number of jobs at reasonable wages to absorb their rapidly growing populations into productive employment … of the principal effects of population growth on labor supply and employment in the developing economies of the world. On … population growth, labor supply, employment shifts, and growth of output per worker are presented and discussed.The key result of …
Persistent link: https://www.econbiz.de/10012477239
youth unemployment rate, has its strongest effect on the probability of enrollment and full-time labor force participation …
Persistent link: https://www.econbiz.de/10012478732
, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …
Persistent link: https://www.econbiz.de/10012470075
It is well documented that individuals in couples tend to retire around the same time. But because women tend to marry older men, this means many married women retire at younger ages than their husbands. This fact is somewhat at odds with lifecycle theory that suggests women might otherwise...
Persistent link: https://www.econbiz.de/10012453285
European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed … unemployed because it suggests that increases in employment will require reductions in the real wages of those currently employed …. The first part of this paper shows that increases in employment in Europe are likely to be associated with rising real …
Persistent link: https://www.econbiz.de/10012477035
The aggregate neoclassical growth model - with a labor income tax or "labor market distortion" that began growing at the end of 2007 as its only impulse - produces time series for aggregate labor usage, consumption, investment, and real GDP that closely resemble actual U.S. time series. Of...
Persistent link: https://www.econbiz.de/10012462971
harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects … costly since about 1980, not through overall employment effects, but through the net human-capital cost of protecting senior …
Persistent link: https://www.econbiz.de/10012466204