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unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …
Persistent link: https://www.econbiz.de/10010261905
-state unemployment by 1.4 percentage points. …
Persistent link: https://www.econbiz.de/10011786941
unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …
Persistent link: https://www.econbiz.de/10005762245
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
Persistent link: https://www.econbiz.de/10010265772
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
Persistent link: https://www.econbiz.de/10008558459
temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis. …
Persistent link: https://www.econbiz.de/10011307443
Although the cyclical aspects of worker reallocation are investigated in numerous studies, only scarce empirical evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for different subgroups of workers, defined by age, gender and...
Persistent link: https://www.econbiz.de/10010265802
This paper deals with the impact of the $/Euro exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our main aim is to identify pain thresholds for German exporters. We rely on a non-linear model according to which suddenly strong spurts of exports occur when changes of the EXR...
Persistent link: https://www.econbiz.de/10010265824
We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering … and business closures that hit the workers with the first level of education explains the abruptness of the unemployment …-crisis unemployment level could be reached in 2024 in a scenario with a double wave. In the same scenario, a calibration on French data …
Persistent link: https://www.econbiz.de/10012270117
. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long … run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U …
Persistent link: https://www.econbiz.de/10014469323