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The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …
Persistent link: https://www.econbiz.de/10012796190
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
This paper constructs and estimates a household-level search model to analyze Roma spouses' utility maximization for leisure, home production, and work. The paper aims to explain labor market gender gaps in a marginalized Roma population with low labor market participation rates (males 53...
Persistent link: https://www.econbiz.de/10012296858
unemployment in the country …
Persistent link: https://www.econbiz.de/10012297473
increase to 250 euros per month, the simulated unemployment rate increases by 0.4 percentage point in the short term and about … 0.6 percentage point in the long term. The youth unemployment rate (ages 15-24) is anticipated to increase by up to 1 ….1 percentage points in this scenario, a relatively large increase considering the already high levels of unemployment among this …
Persistent link: https://www.econbiz.de/10012297495
In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates … significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also … unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected …
Persistent link: https://www.econbiz.de/10012102104
Persistent link: https://www.econbiz.de/10012002558
Persistent link: https://www.econbiz.de/10000143330
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fluctuations and extreme output events (crises) on unemployment, poverty, and inequality. The authors find robust evidence that …
Persistent link: https://www.econbiz.de/10003833076