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and on specific socio-economic groups in those markets also varied greatly. Institutional arrangements such as employment … protection, unemployment insurance benefits and minimum income support, working time flexibility and wage setting played a … crucial role in determining to what extent the economic crisis led to higher unemployment, wage cuts or income losses and …
Persistent link: https://www.econbiz.de/10013118534
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …
Persistent link: https://www.econbiz.de/10013139711
countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … with a significant decline in GDP. Our analysis shows that labor market institutions frequently used to study employment … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …
Persistent link: https://www.econbiz.de/10013141223
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong … further dualization of labour markets given that risks are allocated unequally across types of employment …
Persistent link: https://www.econbiz.de/10013135827
This paper examines the occurrence of structural breaks in European unemployment associated with major events … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to … specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market …
Persistent link: https://www.econbiz.de/10012990858
This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a special emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market...
Persistent link: https://www.econbiz.de/10013099672
This paper provides an overview of the employment situation of young and old workers in the EU Member States, setting … out the most recent development during the crisis and dealing with policies implemented to promote the employment of both … groups. However, the responsibility for employment policies still predominantly lies within Member States of the European …
Persistent link: https://www.econbiz.de/10013061605
study points at the changes in Germany's status- and occupation-oriented unemployment benefit regime that has been … relinquished for a larger share of dependent population. Unemployment insurance benefit duration is shorter now and newly created … basic income support for needy persons is not earnings-related anymore. Pressure on unemployed to take up jobs has increased …
Persistent link: https://www.econbiz.de/10013317280
international trade. Implementation of a true wage bargaining system is suggested as a critical policy target to prevent the …
Persistent link: https://www.econbiz.de/10013024890
variables). Besides institutional variables influencing external numerical flexibility (employment protection, unemployment …
Persistent link: https://www.econbiz.de/10013153311