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Estimating returns to hours worked and the employment rate provides us with an original interpretation of changes in US …
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In this paper, I propose a new Keynesian DSGE model with labor market search and matching frictions which replicates the low volatility and the moderate procyclicality of the labor force participation rate, that are observed in the United States at business cycle frequency. That being so,it can...
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' employment prospects. Relying on detailed data from the French Labor Force Survey, we measure diversity at two geographic levels …: the neighborhood and the local labor market. The correlation between diversity and employment varies accordingly: it is … precise localization of the data. The negative effect of diversity on employment at the neighborhood level is reinforced. We …
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This paper investigates the extent to which cross-country differences in aggregate participation rates can be explained by divergence in tax-benefit systems. We take the example of two countries, the Czech Republic and Hungary, which – despite a lot of similarities – differ markedly in...
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The answer to competition from emerging countries with low wage costs must be very different according to the affected sector. We need to draw a distinction between manufacturing industry and services that can be relocated and other sectors: consumer services, retail, construction, most business...
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The theme of this contribution is how Europe will evolve over the next decade. The key message is that over this decade Europe will be busy digesting the 12 members that joined in 2004 and 2007. Digesting in the context means that the new members will only gradually be incorporated and...
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