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Unemployment rates appear to vary widely at a subregional (e.g., local or provincial) level. Using spatial econometric … models for spatial autocorrelation, this paper focuses attention on the spatial structure of regional unemployment … of unemployment in the 103 provinces of Italy for the years 1998 and 2003. The results suggest that there is a clear …
Persistent link: https://www.econbiz.de/10005504891
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …
Persistent link: https://www.econbiz.de/10005136894
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...
Persistent link: https://www.econbiz.de/10005281980