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This paper presents a wage series for unskilled English women workers from 1260 to 1850 and compares it with existing …
Persistent link: https://www.econbiz.de/10011083583
In this paper, we analyse an equilibrium search model with three sources for wage and unemployment differentials among … workers with the same (observed) human capital but different appearance (race): unobserved productivity (skill), search … and unemployment differentials is possible. We show that the structural parameters of the model, including the firm …
Persistent link: https://www.econbiz.de/10005067440
To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue … that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related …, and thus creates unemployment. Second, as firms substitute capital for labour, the marginal product of capital falls; over …
Persistent link: https://www.econbiz.de/10005662079
There is a tremendous diversity in the level and time-series pattern of the self-employment rate across countries. After documenting this fact with cross-section and time-series data on industrialized and lesser-developed countries, this paper presents and tests a series of hypotheses concerning...
Persistent link: https://www.econbiz.de/10005791326
complementarities story. Unemployment of the least-skilled workers appears lower in areas with a higher share of college-educated labour …Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment …
Persistent link: https://www.econbiz.de/10005136518
The consequences of business cycle contingencies in unemployment insurance systems are considered in a search …-matching model allowing for shifts between "good" and "bad" states of nature. We show that not only is there an insurance argument … benefits are state contingent and tend to reduce the structural (average) unemployment rate, although the variability of …
Persistent link: https://www.econbiz.de/10005036240
that this provided disincentives for employers to lay off workers in the downturn. Although the overall cuts in hours per …
Persistent link: https://www.econbiz.de/10009246610
apprentices in their training firms is fairly low. Second, the transition to employment involves unemployment periods for many …
Persistent link: https://www.econbiz.de/10005788896
are persistent as they create a constituency of low-productivity sectors whose workers would oppose the removal of firing …
Persistent link: https://www.econbiz.de/10005791239
Previous estimates of the effect of unemployment on crime commonly omit determinants of criminal behavior that vary … with the business cycle, creating correlation between unemployment rates and the residuals in aggregate crime regressions … accompanying omitted variables bias to estimates of the effect of unemployment on crime. Using a state-level panel for the period …
Persistent link: https://www.econbiz.de/10005791606