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Okun's Law, development, and demographics : differences in the cyclical sensitivities of unemployment across economy and worker groups
An, Zidong; Bluedorn, John Christopher; Ciminelli, Gabriele - 2021
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
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Hysteresis in labor markets? : evidence from professional long-term forecasts
Bluedorn, John Christopher; Leigh, Daniel - 2019
changes in aggregate demand, when inflation is rising and unemployment falling unexpectedly, also come with persistent long …
Persistent link: https://www.econbiz.de/10012022008
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Labor market reform options to boost employment in South Africa
Duval, Romain; Ji, Yi; Shibata, Ippei - 2021
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
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Explaining high unemployment in ECCU countries
James, Ronald; Lafeuillee, Jemma; Li, Xin; Salinas, Gonzalo - 2019
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
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The Spanish labor market in a cross-country perspective
Jaumotte, Florence - 2011
Persistent link: https://www.econbiz.de/10009488600
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To fire or to hoard? : explaining Japan’s labor market response in the Great Recession
Steinberg, Chad Bennett; Nakane, Masato - 2011
Persistent link: https://www.econbiz.de/10009488605
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The labor market performance of immigrants in Germany
Beyer, Robert - 2016
The paper uses a large survey (GSOEP) to analyze the labor market performance of immigrants in Germany. It finds that new immigrant workers earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries,...
Persistent link: https://www.econbiz.de/10011436800
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Unemployment and labor market issues in Algeria
Furceri, Davide - 2012
Persistent link: https://www.econbiz.de/10009615330
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Inclusivity in the labor market
ElGanainy, Asmaa Adel; Ernst, Ekkehard; Merola, Rossana; … - 2021
Labor earnings are the dominant income source for most individuals. Thus, an inclusive labor market is key for ensuring inclusive growth. In this paper we propose four principles that an inclusive labor market will embody: access, fairness, protection and voice. While measuring inclusivity...
Persistent link: https://www.econbiz.de/10012613377
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Inequality in the Spanish labor market during the COVID-19 crisis
Lariau, Ana; Liu, Lucy Qian - 2022
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