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, which is among the highest in the OECD. The paper argues that policies should continue to tackle the high inactivity of … early stage. For the long-term unemployed, policies should be further strengthened by adjusting the unemployment benefit and …
Persistent link: https://www.econbiz.de/10005045932
Measuring employment and unemployment is essential for economic policy. Internationally agreed measures (e.g. headcount … employment and unemployment rates based on standard definitions) enhance comparability across time and space, but changes in real …
Persistent link: https://www.econbiz.de/10011984696
continuing convergence of employment and unemployment patterns for men and women. However, some recent negative trends include a … rise in unemployment, especially long-term unemployment, a deteriorating youth labor market, and a stagnant gender earnings …
Persistent link: https://www.econbiz.de/10011984694
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013051614
In this paper, we provide compelling evidence that cyclical factors account for the bulk of thepost-2007 decline in the U.S. labor force participation rate. We then proceed to formulate astylized New Keynesian model in which labor force participation is essentially acyclical during“normal...
Persistent link: https://www.econbiz.de/10013061162
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree …
Persistent link: https://www.econbiz.de/10013316510
inactivity traps inherent in the Polish personal transfer system, while improving the efficiency and targeting of social …
Persistent link: https://www.econbiz.de/10012445638
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10011277012
suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …
Persistent link: https://www.econbiz.de/10013295149
The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …
Persistent link: https://www.econbiz.de/10013306725