Showing 1 - 6 of 6
United States prevents any persistence in relative regional unemployment rates whereas the lack of mobility in Europe results … in persistent unemployment rate differentials across British regions and European nations. Europe must therefore adopt … measures to reduce barriers to immobility if it is to succeed in moderating the persistence in relative unemployment rates …
Persistent link: https://www.econbiz.de/10014398207
The paper investigates the relationship between labor taxation and unemployment in Sweden by estimating a labor market … about 1⁄2 percent over a 5–10 year time horizon. Hours worked fall by 0.5 percent and the unemployment rate rises by 0 … adversely affected employment and unemployment in Sweden …
Persistent link: https://www.econbiz.de/10014400829
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …
Persistent link: https://www.econbiz.de/10014399657
mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor … market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller … wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment …
Persistent link: https://www.econbiz.de/10014401211
The paper explains how a country can fall into a “low-skill, bad-job trap,” in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms have...
Persistent link: https://www.econbiz.de/10014395889
Structural vector autoregressions are used to analyze the relationship between real output and relative prices within the EU and the United States, Relative price variability appears to be more important for adjustment within the EU than the United States, reflecting the lower integration of...
Persistent link: https://www.econbiz.de/10014398022