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As China implements reforms under the "new normal," maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows,...
Persistent link: https://www.econbiz.de/10011374776
This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using … on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is … found to be important for reducing inequality - estimates suggest that a 10 percentage point reduction in unemployment …
Persistent link: https://www.econbiz.de/10011711738
an inclusive labor market, focusing on the need to rebalance growth; improve risk sharing; and fight discrimination …
Persistent link: https://www.econbiz.de/10012613377
The paper uses a large survey (GSOEP) to analyze the labor market performance of immigrants in Germany. It finds that … gap is smaller for immigrants from advanced countries, with good German language skills, and with a German degree, and … explains half of the wage gap. Immigrants are also initially less likely to participate in the labor market and more likely to …
Persistent link: https://www.econbiz.de/10011436800
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …
Persistent link: https://www.econbiz.de/10014403794
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and...
Persistent link: https://www.econbiz.de/10014400873
Persistent link: https://www.econbiz.de/10010389581
of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an … rather than registering as unemployed. This paper discusses a way in which the measure of unemployment can be broadened to …
Persistent link: https://www.econbiz.de/10012102193
This paper proposes a hidden state Markov model (HMM) that incorporates workers' unobserved labor market attachment into the analysis of labor market dynamics. Unlike previous literature, which typically assumes that a worker's observed labor force status follows a first-order Markov process,...
Persistent link: https://www.econbiz.de/10012155058