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Imperfect Competition, General Equilibrium and Unemployment
Gersbach, Hans; Schniewind, Achim - 1999
levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …
Persistent link: https://www.econbiz.de/10010314992
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Monetary Policy and Swedish Unemployment Fluctuations
Alexius, Annika; Holmlund, Bertil - 2021
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10013316967
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On the Causes of Brexit
Arnorsson, Agust; Zoega, Gylfi - 2016
We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...
Persistent link: https://www.econbiz.de/10011555498
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Disaggregating the Matching Function
Diamond, Peter A.; Sahin, Aysegül - 2016
The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate hires show how the hiring process differs across different groups of workers and of firms. Decompositions include employment status in the previous month, age, gender and...
Persistent link: https://www.econbiz.de/10011584965
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Monetary policy and Swedish unemployment fluctuations
Alexius, Annika; Holmlund, Bertil - 2007
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010264166
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Workfare in an Efficiency Wage Model
Meier, Volker - 2002
The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...
Persistent link: https://www.econbiz.de/10010315413
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The Subjective Well-Being of Workfare Participants: Insights from a Day Reconstruction Survey
Knabe, Andreas; Schöb, Ronnie; Weimann, Joachim - 2015
In this paper, we shed more light on the subjective well-being of workfare participants and compare it to the well-being of unemployed and employed workers. We use data from a self-conducted survey among participants in workfare schemes in Germany. We examine two subdimensions of subjective...
Persistent link: https://www.econbiz.de/10011307061
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Workers Beneath the Floodgates: The Impact of Low-Wage Import Competition and Workers' Adjustment
Utar, Hâle - 2016
I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they adjust to the shock over a decade across all potential adjustment margins, in the labor market and outside. My research illustrates the importance of industry-specific human...
Persistent link: https://www.econbiz.de/10011584923
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Time use, unemployment, and well-being: an empirical analysis using British time-use data
Hoang, Thi Truong An; Knabe, Andreas - 2019
less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …
Persistent link: https://www.econbiz.de/10012018272
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Scarring or scaring?: the psychological impact of past unemployment and future unemployment risk
Knabe, Andreas; Rätzel, Steffen - 2008
We reassess the scarring" hypothesis by Clark et al. (2001), which states that unemployment experienced in the past … from past unemployment operates via worsened expectations of becoming unemployed in the future, and that it is future … insecurity that makes people unhappy. Hence, the terminology should be altered by one letter: past unemployment scars" because it …
Persistent link: https://www.econbiz.de/10010264482