Showing 1 - 8 of 8
The Great Recession has indicated that firms' leverage and access to finance are important for hiring and firing decisions. It is now empirically established that bank lending is correlated to employment losses when credit conditions deteriorate. We provide further evidence of this drawing on a...
Persistent link: https://www.econbiz.de/10011093689
across sectors and occupations. Such low mobility can be explained by low returns to job changes as well as by market … generosity of unemployment benefits will not significantly boost outflows from the unemployment state. These findings support … explanations for low mobility in transitional economies, which are based on informational failures, and high costs of moving from …
Persistent link: https://www.econbiz.de/10005114168
A common explanation of low unemployment rates in the Czech Republic (CR) is the stance of active labour market … unemployment into employment. …
Persistent link: https://www.econbiz.de/10005791407
coexistence of strict employment security regulations, significant job-to-job shifts and high long-term unemployment rates in …
Persistent link: https://www.econbiz.de/10005791886
Employment protection legislations (EPL) are not enforced uniformly across the board. There are a number of exemptions to the coverage of these provisions: firms below a given threshold scale and workers with temporary contracts are not subject to the most restrictive provisions. This...
Persistent link: https://www.econbiz.de/10005661939
of Transition (OST) literature. In particular, it has involved stagnant unemployment pools, large flows to inactivity and … strikingly low workers' mobility especially when account is made of the changes occurring in the structure of employment by …
Persistent link: https://www.econbiz.de/10005498036
This paper investigates the border between formal employment, shadow employment, and unemployment in an equilibrium … employment is correlated with unemployment, and it is tolerated because the repression of shadow activity increases unemployment … the model. The paper suggests also that policies aimed at reducing the shadow economy are likely to increase unemployment. …
Persistent link: https://www.econbiz.de/10005666997
This Paper studies the border between shadow employment and unemployment. It argues that the two macroeconomic … the labour market trade-off implied by ‘shadow reducing policies’, it suggests that economies with low unemployment … perform original empirical work on the border between employment, unemployment and inactivity, and we find that Italian shadow …
Persistent link: https://www.econbiz.de/10005662043