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the effects of unemployment insurance on measured and actual employment, unemployment and non-participation. The data are … effect of UI on unemployment duration and temporary layoffs. The results are rather inconclusive, but suggest the importance …
Persistent link: https://www.econbiz.de/10012478188
unemployment insurance (UI) on transitions from unemployment to employment and out of the labor force. Our results suggest that VI … lengthens unemployment spells by reducing both transition rates, and show that correcting for measurement error strengthens the …
Persistent link: https://www.econbiz.de/10012474516
. Likewise, most spells of employment end with labor force withdrawal rather than unemployment. Second, traditional estimates of …This paper challenges conventional views of unemployment. Its results suggest that failure to examine closely labor … force transitions has led to a misleading picture of unemployment and the way the labor market functions in general. There …
Persistent link: https://www.econbiz.de/10012478872
Demographic differences in patterns of employment variation over the business cycle are examined in this paper. Three … primary conclusions emerge. First, both participation and unemployment must be considered in any analysis of cyclical changes … in the labor market. Second, young people bear a disproportionate share of cyclical employment variation. Third, failure …
Persistent link: https://www.econbiz.de/10012478622
unemployed because it suggests that increases in employment will require reductions in the real wages of those currently employed …European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed …. The first part of this paper shows that increases in employment in Europe are likely to be associated with rising real …
Persistent link: https://www.econbiz.de/10012477035
The economic convergence of American regions has greatly slowed, and rates of long-term non-employment have even been … diverging. Simultaneously, the rate of non-employment for working age men has nearly tripled over the last 50 years, generating …-based policies? We document that increases in labor demand appear to have greater impacts on employment in areas where not working …
Persistent link: https://www.econbiz.de/10012453168
, and that previous employment tends to raise the probability of subsequent employment …
Persistent link: https://www.econbiz.de/10012478128
The recent European experience of high persistent unemployment has led to the development of theories of unemployment … hysteresis embodying the idea that the equilibrium unemployment rate depends on the history of the actual unemployment rate. This …' incumbent workers rather than by the unemployed. Duration theories explore the idea that the long term unemployed exert much …
Persistent link: https://www.econbiz.de/10012477034
European unemployment has been steadily increasing for the last 15 years and is …equilibrium unemployment. We then confront the theory to both the detailed facts of …insiders and firms, shocks which affect actual unemployment tend also to affect …
Persistent link: https://www.econbiz.de/10012477122
Persistent link: https://www.econbiz.de/10012477414