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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 … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …
Persistent link: https://www.econbiz.de/10013051614
accept a less demanding traditional job. Unemployment arises from job separation in the declining sector and difficulties in … retraining for new employment in the expanding sector. The paper derives an optimal welfare policy which combines the design of …) a wage subsidy to re-employed workers; (iii) unemployment insurance; (iv) moderate job protection; and (v) active labor …
Persistent link: https://www.econbiz.de/10013023912
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10005406185
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … separate from employment and endogenously reallocate between markets, in response to changing aggregate and local conditions … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …
Persistent link: https://www.econbiz.de/10013087720
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … adjustment costs that are highly unevenly distributed across workers according to their skill levels and conditions of employment …
Persistent link: https://www.econbiz.de/10013045347
interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density … intermediated credit and banking concentration is beneficial for employment when the degree of labour market regulation, union …
Persistent link: https://www.econbiz.de/10008596580
performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity rate. Moreover …
Persistent link: https://www.econbiz.de/10005094425
to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …
Persistent link: https://www.econbiz.de/10005405965