Showing 1 - 10 of 21
using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that …
Persistent link: https://www.econbiz.de/10014402300
This paper examines the sources of disturbances to output in the United States and a set of EU countries and analyzes labor market adjustment mechanisms in these two economic areas. Comparable datasets comprising 1-digit sectoral data for eight U.S. regions and eight European countries are...
Persistent link: https://www.econbiz.de/10014396091
Although an inverse relationship between sickness absence and unemployment has been documented in a number of studies … whether this empirical regularity is due to changes in the individual costs of absence when unemployment increases (incentive … the unemployment benefit entitlement system with monthly absence data for East and West Germany for the years 1991 …
Persistent link: https://www.econbiz.de/10010268138
Although an inverse relationship between sickness absence and unemployment has beendocumented in a number of studies … whether this empiricalregularity is due to changes in the individual costs of absence when unemployment increases …
Persistent link: https://www.econbiz.de/10005861408
This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess (2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more accurate data set for Germany. Their results are...
Persistent link: https://www.econbiz.de/10010262525
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
The effects of the marked slowdown in the growth of the capital stock in South Africa since 1985, associated with political uncertainty and financial sanctions, and future growth prospects are quantified using a modified version of the Lewis development model. This is done by estimating...
Persistent link: https://www.econbiz.de/10014395853
This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilizers within an economy. It argues that such stabilizers operate most effectively at a national, rather than local, level. As differing cycles across regions tend to offset each other for the...
Persistent link: https://www.econbiz.de/10014400666
Structural vector autoregressions are used to analyze the relationship between real output and relative prices within the EU and the United States, Relative price variability appears to be more important for adjustment within the EU than the United States, reflecting the lower integration of...
Persistent link: https://www.econbiz.de/10014398022
Concerns about export growth within the euro area peripheral countries due to a lack of competitiveness within the euro area are a key policy issue. Our analysis suggests that: (i) Long-term price elasticities for intra-euro area exports are at least double those for extra-euro area exports, so...
Persistent link: https://www.econbiz.de/10014399350