Showing 1 - 10 of 18
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
effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …
Persistent link: https://www.econbiz.de/10011007419
to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …
Persistent link: https://www.econbiz.de/10012801196
, 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
The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this … increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries … since the late 1990s. Structural unemployment is defined as a time-varying NAIRU derived from the information contained in a …
Persistent link: https://www.econbiz.de/10009394361
, 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 develops a novel classification of high-polluting occupations for a large sample of European countries. Unlike previous efforts in the literature, the classification exploits country-level data on air polluting emission intensity by industry. The country-level data allows to capture...
Persistent link: https://www.econbiz.de/10014567913
into higher long-term unemployment risks. In terms of policies, the paper finds that the labour market implications of the …
Persistent link: https://www.econbiz.de/10015081431
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10013006606