Showing 1 - 10 of 114
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
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
significantly higher proportion of female workers in Europe prefer inactivity and a significantly lower percentage prefer full …
Persistent link: https://www.econbiz.de/10011604506
This article takes advantage of access to confidential matched bank-firm data relative to the Belgian economy to investigate how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the wake of the Great Recession. Variability in banks'...
Persistent link: https://www.econbiz.de/10012940882
alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …
Persistent link: https://www.econbiz.de/10011604771
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
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
alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …
Persistent link: https://www.econbiz.de/10012777870
with a SVAR model by inspecting how unemployment responds to the state of the economy. We show that deviations from Okun …
Persistent link: https://www.econbiz.de/10014079147