Showing 1 - 10 of 13
This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …
Persistent link: https://www.econbiz.de/10009582384
proposed in this article for modelling the U.K. unemployment. This enables us a better understanding of the low … fractional integration, may be a feasible way of modelling unemployment, also showing that its order of integration is much … erroneous results. -- long memory ; unemployment ; fractional integration …
Persistent link: https://www.econbiz.de/10009611544
This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …
Persistent link: https://www.econbiz.de/10009614880
jobs in rough times separate analyses are carried out those who have entered the job directly from unemployment or non …
Persistent link: https://www.econbiz.de/10009580458
, Nash-bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central …
Persistent link: https://www.econbiz.de/10009580466
This paper investigates the effect of displacement on reemployment wages of socially insured West German workers who … imputed using a probit estimated on the German Socioeconomic Panel (GSOEP). Average wages of those classified as displaced … recalls, and to the probit specification used, and are confirmed in the smaller GSOEP file. -- displaced workers ; wages …
Persistent link: https://www.econbiz.de/10009580479
-tier labour market for temporary employment in Germany. -- mobility ; unemployment ; Fixed-term contracts ; dynamic wages …Amid lively debate on the consequences of temporary employment, the paper examines the wages and transitions of … same employer. For some temporary employment leads to unemployment, particularly those with low human capital. Positioning …
Persistent link: https://www.econbiz.de/10009627289
The regional distribution of unemployment rates in the Czech Republic over the transition period is shown to be … characterized by twin peaks, e.g. a high and a low unemployment equilibrium. The emergence of strong regional disparities at the … unemployment to job exits are taken into account and dynamic panel estimators are applied, the Czech matching function is shown to …
Persistent link: https://www.econbiz.de/10009659065
, Nash{bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central …
Persistent link: https://www.econbiz.de/10009614292
In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM … parameter restrictions. A cointegration analysis for the unified Germany reveals a long rum relationship between real wages …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural …
Persistent link: https://www.econbiz.de/10009613616