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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 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
We study how unemployment benefit eligibility affects the layoff exit rate by exploiting quasi-experimental variation … 12% in the layoff probability when unemployment benefit eligibility is attained, which persists for about 16 weeks. These …
Persistent link: https://www.econbiz.de/10012161684
paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …
Persistent link: https://www.econbiz.de/10011604969
This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … New Keynesian framework we argue that labor market institutions should be divided into those institutions that cause …
Persistent link: https://www.econbiz.de/10011605229
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10013164115
, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …
Persistent link: https://www.econbiz.de/10013164466
paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …
Persistent link: https://www.econbiz.de/10012770794