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The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10010282628
especially important early in the unemployment spell. Our results are robust across various specifications and for two …
Persistent link: https://www.econbiz.de/10010282391
During the nineties, unemployment has fallen in a number of European countries while it has remained high in others … the unemployment problem. Some speculative thoughts are offered as to why those factors might be more stringent in … countries where unemployment remained high. …
Persistent link: https://www.econbiz.de/10010261829
This paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. One looks at two class of measures: wage differentials between workers along industry and firm size dimensions, and estimated welfare differences...
Persistent link: https://www.econbiz.de/10010261830
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …
Persistent link: https://www.econbiz.de/10010262517
We analyse the effects of demographic and education changes on unemployment rates in Europe. Using a panel of European … individuals, in general, experience lower unemployment rates, changes in the population age structure appear to be positively … related to young workers' unemployment rates while they have no effect on adults. Conversely changes in the skill structure …
Persistent link: https://www.econbiz.de/10010267367
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10010268746
have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. …
Persistent link: https://www.econbiz.de/10010268843
The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …
Persistent link: https://www.econbiz.de/10010271224
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …
Persistent link: https://www.econbiz.de/10010271739