Showing 1 - 10 of 1,977
Persistent link: https://www.econbiz.de/10003655859
Persistent link: https://www.econbiz.de/10003655872
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10012462750
harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects …
Persistent link: https://www.econbiz.de/10012466204
allows us to control for unmeasured country-specific factors that affect relative employment and unemployment, we find that … of young and older individuals relative to the prime-aged, with no significant effects on the relative unemployment of … raises female unemployment relative to male unemployment. These results suggest that union wage-setting policies price the …
Persistent link: https://www.econbiz.de/10012469670
unemployment over the last three decades. We find that while macroeconomic and demographic shocks and changing labor market … important factor explaining the shift in US relative unemployment. Our finding of the central importance of these interactions … relative unemployment has fallen in recent years in part because its more flexible labor market institutions allow shocks to …
Persistent link: https://www.econbiz.de/10012470192
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
Screening requirements are common features of fraud and corruption mitigation efforts around the world. Yet imposing these requirements involves trade-offs between higher administrative costs, delayed benefits, and exclusion of genuine beneficiaries on one hand and lower fraud on the other. We...
Persistent link: https://www.econbiz.de/10014322752
Both the literature and new empirical evidence show that exchange rate regimes differ primarily by the noisiness of the exchange rate, not be measurable macroeconomic fundamentals. This motivates a theoretical analysis of exchange rate regimes with noise traders. The presence of noise traders...
Persistent link: https://www.econbiz.de/10012471695
Persistent link: https://www.econbiz.de/10010253680