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THE CAPITAL STOCK AND EQUILIBRIUMUNEMPLOYMENT: A NEW THEORETICAL PERSPECTIVE

Kapadia, Sujit - University <Oxford> / Department of Economics - 2005

labour market (e.g. Layard, Nickell andJackman, 1991) imply that equilibrium unemployment is independent of the capitalstock …

Persistent link: https://www.econbiz.de/10005870233

Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-Country Evidence

Baker, Dean; Glyn, Andrew; Howell, David; Schmitt, John - University <Oxford> / Department of Economics - 2003

This paper provides a critical view of the cross country literature on the impact of labour market institutions and … policies on the evolving pattern of unemployment in OECD countries. Such widely used indicators as the generosity of … unemployment insurance or the strength of trade unions are neither strongly correlated individually with unemployment nor …

Persistent link: https://www.econbiz.de/10005870241

Labour force participation in the euro area: a cohort based analysis

Balleer, Almut; Gómez Salvador, Ramón; Turunen, Jarkko - European Central Bank - 2009

We use a cohort based model to analyse determinants of labour force participation fordisaggregated groups of workers in the euro area and the five largest euro areacountries. The model captures age and cohort effects as indicators of (unobserved)determinants of participation behaviour. We use...

Persistent link: https://www.econbiz.de/10005866625

Inflation dynamics with labour market matching: assessing alternative specifications

Christoffel, Kai; Costain, James S.; De Walque, Gregory; … - European Central Bank - 2009

This paper reviews recent approaches to modeling the labour market and assessestheir implications for ination dynamics through both their e¤ect on marginalcost and on price-setting behaviour. In a search and matching environment, weconsider the following modeling setups: right-to-manage...

Persistent link: https://www.econbiz.de/10005866597

DUAL TRACKS: PART-TIME WORK IN LIFE-CYCLEEMPLOYMENT FOR BRITISIH WOMEN

Connolly, Sara; Gregory, Mary - University <Oxford> / Department of Economics - 2007

Almost half the women in work in the UK work part-time, but views conflict: does this support awoman’s career or is it a dead-end trap?Cohort data on labour market involvement to age 42 show highly varied pathways throughfull/part-time/non-employment. Econometric estimation confirms that...

Persistent link: https://www.econbiz.de/10005870149