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and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10013107467
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10012920449
inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro …. We find that total connectedness is larger for prices (58.28%) than for unemployment (41.81%). We also identify …
Persistent link: https://www.econbiz.de/10013236402
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10013138490
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It … unemployment increases with the unemployment rate, there is persistence in long term unemployment, and that the employment … significant financial crisis and a collapse of the housing market bubble have had large increases in unemployment and long term …
Persistent link: https://www.econbiz.de/10013118778
This paper examines the causality relationship between immigration, unemployment and economic growth of the host …-2005 for 22 OECD countries, we find that, only in Portugal, unemployment negatively causes immigration, while in any country …, immigration does not cause unemployment. We also find that, in France, Iceland, Norway and United Kingdom, growth positively …
Persistent link: https://www.econbiz.de/10013122115
impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …
Persistent link: https://www.econbiz.de/10013098455
rise, increase the shadow economy, but also other factors like economic ones (unemployment) are considered, too …. Specifically it is shown that the main driving forces are unemployment, self-employment and the tax burden, which have different … by self-employment (22.2%), unemployment (16.9%), personal income taxes (13.1%) and tax morale (9.5%) …
Persistent link: https://www.econbiz.de/10013099408
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …
Persistent link: https://www.econbiz.de/10013099747
associated with a more regulated labor market, lower unemployment benefit replacement rates, and a smaller tax wedge on labor. We …
Persistent link: https://www.econbiz.de/10013107712