Showing 1 - 10 of 134
examining the relationship between output and demand as mediated by changes in unemployment, or Okun's law. We also demonstrate …
Persistent link: https://www.econbiz.de/10010298571
This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly hours worked introduced in the recent Spanish labour market reform (the 2012 reform). A crucial aspect of the model will be the extent to which firms will be able to choose the...
Persistent link: https://www.econbiz.de/10010311826
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010295242
wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy's Household Survey and …
Persistent link: https://www.econbiz.de/10010421311
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10011600752
This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for...
Persistent link: https://www.econbiz.de/10011613463
about internal and external transmission mechanisms that ultimately caused unemployment to increase rapidly over this period … the crisis. The authors find that the strongly increasing real bond rate and unemployment rate together with a … adjustment somewhere in the system except for inflation rate. Unemployment took the burden of adjustment when the bond rate sky …
Persistent link: https://www.econbiz.de/10011902716
Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … unemployment rate. Also unemployed persons who exogenously lost their jobs are affected by the reforms. In line with the structure …
Persistent link: https://www.econbiz.de/10012294311
bargaining power of the individual is high compared to the bargaining power of the union, there is more unemployment with … opening a vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant …, individual bargaining produces more unemployment. …
Persistent link: https://www.econbiz.de/10011736834
Whilst gender inequality has been falling in the developed world, child-related gender inequality in pay has stayed constant. In this paper I use German panel data spanning across 33 years from 1984 until 2017 including over 50,000 individuals. The main contribution of this paper is the analysis...
Persistent link: https://www.econbiz.de/10012483867