Narrow search
Showing 1 - 10 of 448
Cover Image
The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates
Dixon, Robert John - 2014
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013052699
Cover Image
The Recovery from the Great Recession : A Long, Evolving Expansion
Shambaugh, Jay; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10013251540
Cover Image
Worker Identity, Employment Fluctuations and Stabilization Policy
Snower, Dennis J. - 2013
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/10013080876
Cover Image
Structural Estimation of Search Intensity : Do Non-Employed Workers Search Enough?
Gautier, Pieter A.; Moraga-González, José L.; … - 2021
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10013316841
Cover Image
Employment Adjustment and Part-Time Jobs : The U.S. and the U.K. In the Great Recession
Borowczyk-Martins, Daniel - 2016
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
Persistent link: https://www.econbiz.de/10012995588
Cover Image
Decomposing the Ins and Outs of Cyclical Unemployment
Bachmann, Ronald - 2012
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/10013110186
Cover Image
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
Cover Image
The Importance of Two-Sided Heterogeneity for the Cyclicality of Labour Market Dynamics
Bachmann, Ronald - 2010
unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …
Persistent link: https://www.econbiz.de/10013135186
Cover Image
Analysis of Labor Tax Progression Under Heterogeneous Domestic Labor Markets and Flexible Outsourcing
Koskela, Erkki - 2010
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10013136061
Cover Image
What Do Participation Fluctuations Tell Us About Labor Supply Elasticities?
Haefke, Christian - 2011
participation. A model that is calibrated to replicate the variability of unemployment and participation, and the negative … correlation of unemployment and GDP, implies an aggregate labor supply elasticity along the extensive margin of around 0.3 for men …
Persistent link: https://www.econbiz.de/10013119024