Showing 1 - 10 of 319
document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …Cross-country employment differences are concentrated among women, the youth, and older individuals. In this paper, we … aggregate employment differences across a large panel of European countries. We then build a life-cycle Diamond …
Persistent link: https://www.econbiz.de/10014502913
historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …
Persistent link: https://www.econbiz.de/10012254253
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually …
Persistent link: https://www.econbiz.de/10014461497
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …
Persistent link: https://www.econbiz.de/10011913254
We explore data from all transition economies over nearly two decades, providing insights on the mechanisms behind labor force reallocation. We show that worker flows between jobs in different industries are rare relative to the demographic flows of youth entry and elderly exit. The same applies...
Persistent link: https://www.econbiz.de/10011785669
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010369825
reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …' relative position persists: those with the highest unemployment rates in 1996 were also in the worse position in 2012. To …, unemployment and spatial mobility become the central ones in recession. We also provide evidence of real wage rigidities in both …
Persistent link: https://www.econbiz.de/10010221827
"recall") unemployment, those "employed but absent from work" for unspecified reasons, or not in the labour force while … 80 percent of their pre-crisis level. Also, data suggest that the increase in employment in May 2020 is due to some of … those waiting to be recalled re-entering employment. These patterns suggest that the labour market might rebound quickly …
Persistent link: https://www.econbiz.de/10012249341
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012201645
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market … temporary severing of employment relationships followed by a phase of more standard labour market search and matching, we use … persistence in depressed employment rates. …
Persistent link: https://www.econbiz.de/10012596068