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unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which succeeds at generating … countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10005016888
I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …
Persistent link: https://www.econbiz.de/10005150972
This paper investigates the determinants of the service sector employment share in the EU-15, for the aggregate service sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in the share of service-related jobs in total...
Persistent link: https://www.econbiz.de/10011604671
consistent with firms utilising part-time work to adjust their labour force to changing economic conditions. Institutions and …
Persistent link: https://www.econbiz.de/10011604918
, framework conditions and political institutions increase the resilience towards adverse shocks and reduce the incidence of … institutions. The above exercises can be used to establish a governance process towards more resilient economic structures (as e …
Persistent link: https://www.econbiz.de/10011606029
estimates a simple model to capture the effects of technology, globalization, institutions and product demand effects on the … attenuate the polarizing impact of routinization and that differences or changes in wage-setting institutions play little role …
Persistent link: https://www.econbiz.de/10009643554
significantly higher proportion of female workers in Europe prefer inactivity and a significantly lower percentage prefer full …
Persistent link: https://www.econbiz.de/10011604506
We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods … unit roots in unemployment. Since this is potentially a narrow definition, we also take into account the existence of … structural breaks and non-linear dynamics in unemployment. Finally, we examine whether CEECs' unemployment presents features of …
Persistent link: https://www.econbiz.de/10011604280
alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …
Persistent link: https://www.econbiz.de/10011604771
paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …
Persistent link: https://www.econbiz.de/10011604969