Showing 1 - 9 of 9
This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...
Persistent link: https://www.econbiz.de/10012444920
The composition of the working-age population can influence aggregate employment and average productivity because both employment rates and productivity levels vary across population groups. This paper assesses the quantitative importance of the working-age population broken down by age, gender...
Persistent link: https://www.econbiz.de/10005046034
This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...
Persistent link: https://www.econbiz.de/10005046219
contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …
Persistent link: https://www.econbiz.de/10011276961
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10011276966
This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area. The determinants of this outcome seem...
Persistent link: https://www.econbiz.de/10011276887
, due to a sharp decline in the results of the most highly disadvantaged students. The unemployment rate for the 20-24 age … distrust of institutions. The social safety net sits uneasily between autonomy and family solidarity and is unfair because …
Persistent link: https://www.econbiz.de/10011276867
There is ample evidence that a country's labour market institutions are important determinants of unemployment. This … study generalises Davis' (1998) idea according to which the institutions of the trade partners matter also for a country …'s equilibrium unemployment rate as they generate comparative advantages. Moreover, the empirical investigation provides some …
Persistent link: https://www.econbiz.de/10005797750
unemployment is driven by search frictions. This paper finds that relative labor market institutions matter for equilibrium …This paper contributes to the literature that highlights the role of trading partners' institutions for a country …'s unemployment rate. The objective is to study whether the results established in the minimum wage setting of Davis (1998) hold when …
Persistent link: https://www.econbiz.de/10008752539