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Between-Group Competition In The Labour Market And The Rising Returns To Skill: US And France 1964-2000

Wasmer, Etienne - C.E.P.R. Discussion Papers - 2001

This Paper describes the changes in the composition of the labour force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...

Persistent link: https://www.econbiz.de/10005656354

Is Short-time Work a Good Method to Keep Unemployment Down?

Cahuc, Pierre; Carcillo, Stéphane - C.E.P.R. Discussion Papers - 2011

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

Persistent link: https://www.econbiz.de/10008854459

Changes in Unemployment and Wage Inequality: An Alternative Theory and Some Evidence

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1996

This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United … change increases skilled wages, reduces unskilled wages and increases the unemployment rate of both skilled and unskilled …

Persistent link: https://www.econbiz.de/10005789067

On the Efficiency of Job Search with Social Networks

Cahuc, Pierre; Fontaine, François - C.E.P.R. Discussion Papers - 2002

of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …

Persistent link: https://www.econbiz.de/10005792237

The Roots of Low European Employment: Family Culture?

Algan, Yann; Cahuc, Pierre - C.E.P.R. Discussion Papers - 2005

OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labour supply...

Persistent link: https://www.econbiz.de/10005124400

Does Space Affect Search? A Theory of Local Unemployment

Wasmer, Etienne; Zenou, Yves - C.E.P.R. Discussion Papers - 1999

solved for simultaneously. We then decompose unemployment in two parts: the level reached if all agents were residing in the …

Persistent link: https://www.econbiz.de/10005656179

Equilibrium Search Unemployment With Explicit Spatial Frictions

Wasmer, Etienne; Zenou, Yves - C.E.P.R. Discussion Papers - 2004

Assuming that job search efficiency decreases with distance to jobs, workers’ location in a city depends on spatial elements such as commuting costs and land prices and on labour elements such as wages and the matching technology. In the absence of moving costs, we show that there exists a...

Persistent link: https://www.econbiz.de/10005114164

Ethnic Unemployment Rates and Frictional Markets

Gobillon, Laurent; Rupert, Peter; Wasmer, Etienne - C.E.P.R. Discussion Papers - 2013

The unemployment rate in France is roughly 6 percentage points higher for African immigrants than for natives. In the … US the unemployment rate is approximately 9 percentage points higher for blacks than for whites. Commute time data … we investigate the impact of spatial mismatch on the unemployment rate of ethnic groups using the matching model proposed …

Persistent link: https://www.econbiz.de/10011084452

Economic Backwardness in Political Perspective

Acemoglu, Daron; Robinson, James A - C.E.P.R. Discussion Papers - 2002

We construct a simple model where political elites may block technological and institutional development, because of a ‘political replacement effect.’ Innovations often erode elites’ incumbency advantage, increasing the likelihood that they will be replaced. Fearing replacement, political...

Persistent link: https://www.econbiz.de/10005124137

Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2002

the answer may be no is that countries pursuing poor macroeconomic policies also have weak ‘institutions’, including … political institutions that do not constrain politicians and political elites, ineffective enforcement of property rights for … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises …

Persistent link: https://www.econbiz.de/10005136626