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hypotheses concerning the slow employment growth and rise in unemployment since 1990 are evaluated. The analysis indicates that a … large part of the recent rise in the unemployment rate may reflect an increase in the structural rather than the cyclical … component of unemployment. Various sources of labor market rigidities that may have contributed to the increase in structural …
Persistent link: https://www.econbiz.de/10014398109
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
macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …
Persistent link: https://www.econbiz.de/10014403637
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
Persistent link: https://www.econbiz.de/10001794554
This paper provides a synthesis of existing and new empirical perspectives on the structure of the Italian labor market, using data at different levels of disaggregation. The analysis indicates that aggregate data mask considerable disparities in labor market outcomes across regions and...
Persistent link: https://www.econbiz.de/10014400656
mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor … market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller … wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment …
Persistent link: https://www.econbiz.de/10014401211
This paper extends the equilibrium business cycle framework to incorporate ex ante skill heterogeneity among workers. Consistent with the empirical evidence, skilled and unskilled workers in the model face the same degree of cyclical variation in real wages although unskilled workers are subject...
Persistent link: https://www.econbiz.de/10014397788
This note examines recent developments in the Canadian labor market to provide a partial assessment of the magnitude and nature of industrial restructuring in Canada. The implications of industrial restructuring for the medium- and long-term prospects for the Canadian economy are examined. The...
Persistent link: https://www.econbiz.de/10014398108