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Youth unemployment in Europe and the United States

Bell, David N. F.; Blanchflower, David G. - 2011

lessons have been learned that may guide future policy. We focus on Europe and USA, but introduce evidence from other … are weekly wages and happiness. Our results show significant effects at age 50 from early adulthood unemployment. These … affects are stronger than more recent unemployment experiences. -- youth unemployment ; scarring effects ; happiness …

Persistent link: https://www.econbiz.de/10009259469

Off to a bad start : youth nonemployment and labor market outcomes later in life

Filomena, Mattia; Giorgetti, Isabella; Picchio, Matteo - 2022

We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By...

Persistent link: https://www.econbiz.de/10013263091

Help not wanted : the dismal science of youth unemployment's scarring effect

Glatt, Jordan; Wunnava, Phanindra V. - 2016

The scarring effect is defined as an increase in the probability of future unemployment spells and the reduction of subsequent wages as the result of joblessness early in one's working years. Many youths get into a rut at the beginning of their professional careers when they become unemployed,...

Persistent link: https://www.econbiz.de/10011517552

The crisis, policy reactions and attitudes to globalization and jobs

Bell, David N. F.; Blanchflower, David G. - 2011

We consider the effects of the financial crisis and subsequent recession on world labour markets. It begins by cataloguing the adverse effects on output of the sudden collapse in demand brought about by the financial crisis in what has come to be called the Great Recession. Next we look at the...

Persistent link: https://www.econbiz.de/10009296355

Labor market effects of immigration : evidence from neighborhood data

Bauer, Thomas K.; Flake, Regina; Sinning, Mathias - 2011

This paper combines individual-level data from the German Socio-Economic Panel (SOEP) with economic and demographic postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities of high- and low-skilled natives. Employing an...

Persistent link: https://www.econbiz.de/10009306945

The reservation wage curve : evidence from the UK

Brown, Sarah; Taylor, Karl - 2014

We investigate the relationship between an individuals' reservation wage, i.e. the lowest wage acceptable in order to enter into employment, and unemployment in the local area district. Largely unexplored in the literature this adds to the work which has examined the association between employee...

Persistent link: https://www.econbiz.de/10010412654

Reservation wages and the wage flexibility puzzle

Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2016

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only occasionally renegotiated. We argue that one source of the...

Persistent link: https://www.econbiz.de/10011452214

Transitions from school to work : search time and job duration

Bratberg, Espen; Nilsen, Øivind Anti - 1998

We consider the early labour market experience of young persons. Using a large data sample of Norwegian individuals finishing education in 1989-91, we analyse the transition from school to work and the duration of the first job. We allow the search duration, the accepted wage, and the job...

Persistent link: https://www.econbiz.de/10011294714

The effect of the Hartz labor market reforms on post-unemployment wages, sorting, and matching

Woodcock, Simon D. - 2020

We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...

Persistent link: https://www.econbiz.de/10012228177

Wage risk, employment risk and the rise in wage inequality

Mecikovsky, Ariel Matias; Wellschmied, Felix - 2016

We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...

Persistent link: https://www.econbiz.de/10011595910

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