Showing 1 - 10 of 92
This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … institutions in ways that deteriorate employment. The model explains simultaneously: (i) the fall in labor force participation in … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …
Persistent link: https://www.econbiz.de/10011517164
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...
Persistent link: https://www.econbiz.de/10011951685
High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...
Persistent link: https://www.econbiz.de/10003801096
; Europe ; US ; institutions in the labour and product market …
Persistent link: https://www.econbiz.de/10003464502
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tends to push up the unemployment …
Persistent link: https://www.econbiz.de/10011871988
more of them are residing with their parents. The unemployment rate at 23-27 years old for the 1996 college graduation … explain two thirds of the rise in unemployment and coresidence between the 2013 and 1996 graduation cohorts. Rising wage … dispersion is also important for the increase in unemployment, while declining parental income, rising student loan balances and …
Persistent link: https://www.econbiz.de/10013347059
the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …
Persistent link: https://www.econbiz.de/10012243219
This paper studies optimal taxation schemes for education in a search-matching model where the labor market is divided between a high-skill and a low-skill sector. Two public policy targets - maximizing the global employment level and optimizing the social surplus - are studied according to...
Persistent link: https://www.econbiz.de/10010487496
temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis. …
Persistent link: https://www.econbiz.de/10011308511
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …
Persistent link: https://www.econbiz.de/10003961662