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Drawing upon data from the largest cross-country study of labor market concentration to date, this paper analyzes the level of concentration of labor input markets in Europe and North America and provides a comparative perspective on employers' monopsony power. It explores the characteristics of...
Persistent link: https://www.econbiz.de/10013415712
This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job. Job search...
Persistent link: https://www.econbiz.de/10003716529
We compare labor market policies, institutions and outcomes for the EU member states, for the period 2000-2005. We … document the main differences in Labor Market Policies across EU members, including new member states after 2004. We focus on …
Persistent link: https://www.econbiz.de/10003716540
"The empirical literature on unemployment insurance has focused on its direct effect on unemployment duration, while the potential indirect effect on employment stability through a more efficient matching process, as the unemployed can search for a longer period, has attracted much less...
Persistent link: https://www.econbiz.de/10003359283
explore this idea across the US and EU by estimating gender gaps in potential wages. We recover information on wages for those … small in the US, the UK and most central and northern EU countries, and becomes sizeable in Ireland, France and southern EU …
Persistent link: https://www.econbiz.de/10003332302
Using micro panel data, labor market transitions are analyzed for the EU-member states by cumulative year … analyses mainly refer to female labor supply. In search for important determinants of these transitions, six EU-countries with …
Persistent link: https://www.econbiz.de/10003316483
Persistent link: https://www.econbiz.de/10003825025
We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf bifurcations, country-specific expected inflation shocks can...
Persistent link: https://www.econbiz.de/10003879337
income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 48 per cent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … 23 to 32 per cent in the EU and 19 per cent in the US. There is large heterogeneity within the EU. Automatic stabilizers …
Persistent link: https://www.econbiz.de/10003879344
In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...
Persistent link: https://www.econbiz.de/10003893888