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We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive than negative about automation, especially in emerging markets. We find that...
Persistent link: https://www.econbiz.de/10012155109
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unemployment and debt. The paper illustrates in a downside scenario, how low potential growth and crisis legacies leave the euro …
Persistent link: https://www.econbiz.de/10011436794
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
In this paper, we provide compelling evidence that cyclical factors account for the bulk of the post-2007 decline in the U.S. labor force participation rate. We then proceed to formulate a stylized New Keynesian model in which labor force participation is essentially acyclical during “normal...
Persistent link: https://www.econbiz.de/10012667415
employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …
Persistent link: https://www.econbiz.de/10014400072
that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to …
Persistent link: https://www.econbiz.de/10014403994
decline given population aging. This paper’s measure of the “employment gap” also suggests that labor market slack remains and … employment. In addition, given the continued downward pressure on the LFPR, labor supply measures will be an essential component …
Persistent link: https://www.econbiz.de/10014412024
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fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across …
Persistent link: https://www.econbiz.de/10012001580