Showing 1 - 10 of 1,157
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
circumstances such as gross domestic product, unemployment, and inflation. In this paper, we bring attention to labour market … Tella et al. (2001) to explore sectoral unemployment levels, labour market tightness, and matching efficiency as LS …-stage, we regress LS measures against the unemployment level, labour market tightness, and matching efficiency. Our results are …
Persistent link: https://www.econbiz.de/10012169657
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10010440544
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a …
Persistent link: https://www.econbiz.de/10014461497
document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …
Persistent link: https://www.econbiz.de/10014502913
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003793964
role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10009531445
global crisis as reflected by the largest increases in their unemployment rates among other developed economies. Spain and … sets of dynamic simulations which account for the swings of the unemployment rates before and after the 2007 crisis. Our … labour productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …
Persistent link: https://www.econbiz.de/10009307347
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694