Showing 1 - 10 of 4,742
This paper presents two key facts which call into question the value of unemployment rates as barometers of labor … market tightness. First, while both unemployment rates and unsatisfied labor demand proxies perform reasonably well on their … pairing the relevant unemployment rate and unsatisfied demand proxies. The paper also provides results which indicate that …
Persistent link: https://www.econbiz.de/10012478332
We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI …
Persistent link: https://www.econbiz.de/10012482018
, Canada, and France. We argue that the same forces that led to falling real wages for less-skilled workers in the U ….S. affected similar workers in Canada and France. Consistent with the view that labor market institutions are more rigid in France … somewhat less in Canada, and did not fall at all in France. Contrary to expectations, however, we find little evidence that …
Persistent link: https://www.econbiz.de/10012473372
remotely one or more days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada …
Persistent link: https://www.econbiz.de/10014247927
Many kinds of economic behavior appear to be governed by discrete and occasional individual choices. Despite this, econometric partial adjustment models perform relatively well at the aggregate level. Analyzing the classic employment adjustment problem, we show how discrete and occasional...
Persistent link: https://www.econbiz.de/10012468751
This study examines the nature of the costs that firms face in adjusting labor demand in response to shocks induced by changes in output demand and prices. Empirical work on monthly plant-level time-series data shows that adjustment proceeds in jumps. Employment is unchanged in response to small...
Persistent link: https://www.econbiz.de/10012476491
gap has widened. We also find that unemployment in Canada was 2 to 3 percentage points higher in 1983 and 1984 than … unemployment in Canada is due to differences in the regulation of the labor market in the two countries. Minimum wage laws and … unemployment benefits are fairly similar in Canada and the U.S., and neither has changed relative to the other in the last decade …
Persistent link: https://www.econbiz.de/10012477236
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to … previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is … us to model duration dependence in all labor force flows involving either unemployment or non-participation. To calibrate …
Persistent link: https://www.econbiz.de/10012480887
States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …
Persistent link: https://www.econbiz.de/10012457972
This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and market value. Unlike earlier measures, the effective tax rate derived is valid in the presence of adjustment costs and anticipated tax changes. The derived measure of the impact...
Persistent link: https://www.econbiz.de/10012476966