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they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …
Persistent link: https://www.econbiz.de/10011855567
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
Countercyclical unemployment benefit extensions in the United States act as a propagation mechanism, contributing to … both the high persistence of unemployment and its weak correlation with productivity. We show this by modifying an … otherwise standard frictional model of the labor market to incorporate a stochastic and state-dependent process for unemployment …
Persistent link: https://www.econbiz.de/10012019263
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012288522
the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment … substantial decline in both unemployment and wages. Financial constraints therefore weaken the direct link between wage rigidity … and unemployment volatility. …
Persistent link: https://www.econbiz.de/10012389827
In light of recent discussions about shifting employees from traditional workplaces to virtual employment, we are motivated by the question of whether this phenomenon will end up saving lives even in the absence of an infectious disease outbreak. Motor vehicle incidents are the leading cause of...
Persistent link: https://www.econbiz.de/10012517616
obtain longitudinal estimations suggesting statistically significant negative effects from unemployment on self …-reported health and mental health in Greece. The specifications suggest that unemployment results in lower health and the …'s unemployment doubled as a consequence of the financial crisis. Unemployment seems to be more detrimental to health/mental health in …
Persistent link: https://www.econbiz.de/10010462650
between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities … quantile regressions confirm the positive link between unemployment and crime for property crimes, results for assault differ …
Persistent link: https://www.econbiz.de/10010385959
India experienced one of the strictest lockdowns during COVID-19 and sections of the workforce seemed overwhelmingly disadvantaged. Given substantial poverty still, marginalized daily wage labor and gendered outcomes in the context of India, economic shocks are expected to have disparate...
Persistent link: https://www.econbiz.de/10013191278