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This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
This paper offers a first comprehensive study of the relationship between labor market institutions and policies and … documents the evolution of labor market institutions and policies in the transition region. The data show a clear trend towards … test several predictions concerning the role of institutions and polices in explaining labor market outcomes. The results …
Persistent link: https://www.econbiz.de/10010271253
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10010276421
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10010276466
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10010280687
market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al …. (2010), the most comprehensive study to date. The data on institutions, which cover employment protection legislation (EPL …), the tax wedge, the unemployment benefit level, unemployment benefit duration and union density, are assembled at the IZA …
Persistent link: https://www.econbiz.de/10010291406
in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled …. Instead in the US, where wage-compressing institutions are weaker, firms invest more in high-skilled workers. We provide …
Persistent link: https://www.econbiz.de/10010267684
Taking a European cross-country perspective, this paper addresses the most important issues in the nexus of population ageing and labor markets. We start from a descriptive overview of the demographic change currently shaping European societies. The subsequent section intensively discusses the...
Persistent link: https://www.econbiz.de/10010261652
creation and job destruction for university graduates, compared to other groups of workers. We find that the unemployment rate …
Persistent link: https://www.econbiz.de/10010262460
, this transformation took place within just a few years. Until the mid-2000s job opportunities were scarce and unemployment … was high. But since then labor demand has picked up and unemployment has dropped substantially. In contrast to the earlier … jobs because no major reforms to labor market institutions were recently implemented in the region. Instead, the main cause …
Persistent link: https://www.econbiz.de/10010269266