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This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
Persistent link: https://www.econbiz.de/10001675874
consistent with firms utilising part-time work to adjust their labour force to changing economic conditions. Institutions and …
Persistent link: https://www.econbiz.de/10011604918
The continuing deterioration of the position of low skilled workers in the beginning of the 90's in essentially all industrialized countries is one of the most debated issues in both labor and macro-economics. In this paper a matching model with low and high skilled workers and simple and...
Persistent link: https://www.econbiz.de/10011302133
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011563071
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed … the dynamic interaction between the wage tax and unemployment. (ii) Employment is boosted by budget deficits but …
Persistent link: https://www.econbiz.de/10011304623
Cost-of-Living-Adjustment (COLA) coverage figures suggest a time variation in the degree of wage indexation. In spite of this observation, most current literature conveniently assume a constant degree of indexation as this variable is not directly observable. This study intends to empirically...
Persistent link: https://www.econbiz.de/10011563079
the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in …
Persistent link: https://www.econbiz.de/10012163054
unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this … strong empirical evidence of unemployment hysteresis in advanced economies since the 1990s. Relying on an identification … amplify the effects of demand shocks. Our results indicate that strengthening labor market institutions that promote a faster …
Persistent link: https://www.econbiz.de/10012130633
find a positive and significant relationship between sales and unemployment and perform a time series principal component …
Persistent link: https://www.econbiz.de/10012389529