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regional labour markets. However, distortions in extracting the regional unemployment effects arise in standard regional (i … unemployment is often ignored. Both issues are particularly important in high unemployment regimes like East Germany where a wage …
Persistent link: https://www.econbiz.de/10011704322
unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …
Persistent link: https://www.econbiz.de/10011407949
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …
Persistent link: https://www.econbiz.de/10013342929
find evidence in favor of the Polish wage curve with an unemployment elasticity of -0.06. We also find that males in Poland … are significantly more responsive to local unemployment rates (-0.08) than their female counterparts (-0.04). Moreover, if … the lagged unemployment rate is used as an instrument for current unemployment rate, we find that the unemployment …
Persistent link: https://www.econbiz.de/10010225804
This paper provides revealed-preference estimates of the monetary value of avoiding job search in a high-unemployment … home-state unemployment rate. Comparing these estimates to realized losses in post-service civilian earnings resulting from … exiting the military during times of high unemployment suggests that mitigating factors (e.g., leisure, private and public …
Persistent link: https://www.econbiz.de/10011450439
The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of … affected by regional unemployment. However, insecure employed men and poor-prospect unemployed men are less negatively, or even …
Persistent link: https://www.econbiz.de/10003860394
public sector can be an important determinant of private employment and unemployment. I look at the case of geographically … productivity unbalance across regions, is responsible for up to 40% of the unemployment gap between the North and South. Policy … experiments suggest that reducing the size of public employment reduces unemployment in lower productive regions while allowing …
Persistent link: https://www.econbiz.de/10010410271
period 2005-2009. The wage curve is an empirical regularity describing a negative relationship between regional unemployment … more sensitive to variations in regional unemployment rates than wages of formal workers. This is true for all workers as …
Persistent link: https://www.econbiz.de/10009620942
Federative Units over the period 2002 - 2009. We find evidence in favor of the Brazilian wage curve with an unemployment … elasticity of -0.08 when the lagged unemployment rate is used as an instrument for current unemployment rate. We also find that … males in Brazil are significantly more responsive to local unemployment rates (-0.13) than their female counterparts. In …
Persistent link: https://www.econbiz.de/10010408885
26 NUTS-2 regions over the period 2005-2008. When the local unemployment rate is treated as predetermined, there is … evidence in favor of the wage curve only for younger and female workers. However, if the lagged unemployment rate is used as an … instrument for current unemployment rate, we find an unemployment elasticity of -0.099. We also find a higher elasticity for …
Persistent link: https://www.econbiz.de/10009235849