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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
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … primary conclusions emerge. First, both participation and unemployment must be considered in any analysis of cyclical changes … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10012478622
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10012467955
present a theoretical overview of the effects of health insurance on mobility and wage/employment determination. I critically …
Persistent link: https://www.econbiz.de/10012472051
unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …
Persistent link: https://www.econbiz.de/10012455899
Persistent link: https://www.econbiz.de/10000072556
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
either the official unemployment rate or alternative measures of labor market underutilization. Modest amounts of …
Persistent link: https://www.econbiz.de/10012482033
labor market frictions and worker heterogeneity provides a framework for studying the impact of trade on unemployment and …
Persistent link: https://www.econbiz.de/10012462891
unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of … fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion … in wage growth across workers and realistic cyclical fluctuations in unemployment …
Persistent link: https://www.econbiz.de/10012463483