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Labor Force Participation and Monetary Policy in the Wake of the Great Recession
Erceg, Christopher J. - 2014
In this paper, we provide compelling evidence that cyclical factors account for the bulk of thepost-2007 decline in the U.S. labor force participation rate. We then proceed to formulate astylized New Keynesian model in which labor force participation is essentially acyclical during“normal...
Persistent link: https://www.econbiz.de/10013061162
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Has COVID-19 Induced Labor Market Mismatch? Evidence from the US and the UK
Pizzinelli, Carlo; Shibata, Ippei - 2022
suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …
Persistent link: https://www.econbiz.de/10013295149
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Okun's Law, Development, and Demographics : Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups
An, Zidong; Bluedorn, John C.; Ciminelli, Gabriele - 2022
The negative and stable relationship between an economy’s aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …
Persistent link: https://www.econbiz.de/10013306725
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Sectoral explanations of employment in Europe: the role of services
D’Agostino, Antonello; Serafini, Roberta; … - 2006
This paper investigates the determinants of the service sector employment share in the EU-15, for the aggregate service sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in the share of service-related jobs in total...
Persistent link: https://www.econbiz.de/10011604671
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Labor Market Issues in the Caribbean : Scope to Mobilize Employment Growth
Kandil, Magda - 2014
The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the...
Persistent link: https://www.econbiz.de/10013049805
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The Distributional Impact of Recessions : The Global Financial Crisis and the Pandemic Recession
Shibata, Ippei - 2020
Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where individuals interact to consume goods), 'teleworkable'...
Persistent link: https://www.econbiz.de/10012828220
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Did a successful fight against the COVID-19 pandemic come at a cost? : impacts of the outbreak on employment outcomes in Vietnam
Dang, Hai-Anh H.; Cuong Viet Nguyen - 2020
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012391350
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The distributional consequences of social distancing on poverty and labour income inequality in Latin America and the Caribbean
Delaporte, Isaure; Escobar, Julia; Peña, Werner - 2021 - Current version: April 15, 2021
This paper estimates the potential distributional consequences of the first phase of the COVID-19 lockdowns on poverty and labour income inequality in 20 Latin American and Caribbean (LAC) countries. We estimate the share of individuals that are potentially able to remain active under the...
Persistent link: https://www.econbiz.de/10012500915
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The distributional consequences of social distancing on poverty and labour income inequality in Latin America and the Caribbean
Delaporte, Isaure; Escobar, Julia; Peña, Werner - 2020
This paper evaluates the distributional consequences of social distancing due to the COVID-19 pandemic on poverty and labour income inequality in 20 Latin American and Caribbean (LAC) countries. We gather detailed information from national laws and decrees on the strictness and the duration of...
Persistent link: https://www.econbiz.de/10012297318
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The impacts of COVID-19 on female labor force participation in Iran
Dang, Hai-Anh H.; Salehi-Isfahani, Djavad; Minh Do - 2024
While female labor force participation (LFP) in Iran is among the lowest in the world, there is hardly any study on the COVID-19 pandemic effects on the country's female LFP. We find that female LFP decreased during the pandemic years by around 1 percentage point in 2021 and 2022. When...
Persistent link: https://www.econbiz.de/10014557664