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that the two dimensions of the extensive margin, the employment rate and the participation rate, explain the most of the …
Persistent link: https://www.econbiz.de/10010268973
than it was in 1989. Last, the rate of self-employment has been falling gently in ISSP data; even so three to four times as … satisfied than are employees, one consistent interpretation of the above is that the barriers to self-employment have grown in …
Persistent link: https://www.econbiz.de/10010269197
, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … rationalizes differences in employment rates: in the U.S., we find a market productivity premium of +30% and market frictions of …
Persistent link: https://www.econbiz.de/10010277062
Using recent results in the measurement error literature, we show that the official U.S. unemployment rates substantially underestimate the true levels of unemployment, due to misclassification errors in labor force status in Current Population Surveys. Our closed-form identification of the...
Persistent link: https://www.econbiz.de/10010272631
employment among the least-skilled, especially when the laws cover business assistance recipients or are accompanied by similar …
Persistent link: https://www.econbiz.de/10010267480
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...
Persistent link: https://www.econbiz.de/10010273099
employment, including hours, prices, turnover, training, performance standards, and non-labor costs. Exploiting variation in the … cost impact of the MW across restaurants, we find no significant effect of the MW increases on employment or hours over the …
Persistent link: https://www.econbiz.de/10010282573
laws reduce employment among the least-skilled workers they are intended to help. But they also increase wages for many of …
Persistent link: https://www.econbiz.de/10010291309
unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non-offshoring …
Persistent link: https://www.econbiz.de/10010269045
decreases. Next we allow for offshoring of unskilled jobs in our model, and we find that, as a result, it becomes more likely … that the fair-wage constraint binds. Offshoring of unskilled jobs always leads to an increase in skilled wage, a decrease … adverse impact of offshoring on unskilled unemployment. The unskilled wage can increase or decrease as a result of offshoring. …
Persistent link: https://www.econbiz.de/10010269135