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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
, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …
Persistent link: https://www.econbiz.de/10012442985
This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …
Persistent link: https://www.econbiz.de/10012445843
, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …
Persistent link: https://www.econbiz.de/10005045889
This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …
Persistent link: https://www.econbiz.de/10005049026
indicators of (economy-wide) labour market policies and institutions and (economy-wide, industry-specific and time …
Persistent link: https://www.econbiz.de/10012445146