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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
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
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10008480477
The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …
Persistent link: https://www.econbiz.de/10008542505
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and … the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …
Persistent link: https://www.econbiz.de/10005045881
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011404827
moderate recovery beginning in 2014. Despite some improvement, unemployment remains higher than pre-crisis levels, especially …
Persistent link: https://www.econbiz.de/10011820334
unemployment rate increased dramatically, and the labor force participation rate declined by four percentage points between 2007 … unemployment via a reduction in overall labor supply. As the crisis deepened, long-term unemployment escalated, creating … significant policy challenges. Overall unemployment has been dropping rapidly since 2013, but remains above its pre-crisis level. …
Persistent link: https://www.econbiz.de/10011820337
public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate … unemployment remains stubbornly high, an overwhelming proportion of the labor force continues to work in the informal sector, and …
Persistent link: https://www.econbiz.de/10011820350