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adjustment somewhere in the system except for inflation rate. Unemployment took the burden of adjustment when the bond rate sky … about internal and external transmission mechanisms that ultimately caused unemployment to increase rapidly over this period … the crisis. The authors find that the strongly increasing real bond rate and unemployment rate together with an …
Persistent link: https://www.econbiz.de/10011963770
of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …
Persistent link: https://www.econbiz.de/10011984456
wages, this may explain why there is no clear effect of coordination on unemployment. …
Persistent link: https://www.econbiz.de/10010302707
unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify the supposed … unemployment controlling for the high correlation between immigration and goods flows in order to prevent an omitted variable bias … migration flows and the high persistence of unemployment. We find no significant effect of immigration on unemployment on …
Persistent link: https://www.econbiz.de/10010308243
This paper introduces endogenous on-the-job training in the job creation and destruction model of the search and matching type by García-Pérez and Osuna (Dual labour markets and the tenure distribution: Reducing severance pay or introducing a single contract, 2014). The objective is to compare...
Persistent link: https://www.econbiz.de/10011306670
This paper is aimed at investigating the effects of government intervention through unemployment benefits on … increase of both the inflation rate and the ratio between public deficit and nominal GDP. The successful action of the public …
Persistent link: https://www.econbiz.de/10010330079