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Effects of Employment Protection on Worker and Job Flows : Evidence from the 1990 Italian Reform
Kugler, Adriana D. - 2019
This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 employees, while leaving dismissal costs unchanged for bigger...
Persistent link: https://www.econbiz.de/10012903630
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Stock Volatility During the Recent Financial Crisis
Schwert, G. William - 2011
a link between stock volatility and real economic activity, such as unemployment rates, it can be misleading …
Persistent link: https://www.econbiz.de/10013126204
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The Making of a Great Contraction with a Liquidity Trap and a Jobless Recovery
Schmitt-Grohé, Stephanie - 2012
recovered but unemployment lingered). This paper presents a model that captures these three facts. The key elements of the model …
Persistent link: https://www.econbiz.de/10013097777
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Job Polarization and Jobless Recoveries
Jaimovich, Nir - 2012
Job polarization refers to the shrinking share of employment in middle-skill, routine occupations experienced recently, over the last 35 years. Jobless recoveries refers to the slow rebound in aggregate employment following recent recessions, despite recoveries in aggregate output. We show how...
Persistent link: https://www.econbiz.de/10013101513
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Place Based Policies with Unemployment
Kline, Patrick - 2013
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …
Persistent link: https://www.econbiz.de/10013087442
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Employment in Black Urban Labor Markets : Problems and Solutions
Hellerstein, Judith K. - 2014
Blacks in the United States are poorer than whites and have much lower employment rates. "Place-based" policies seek to improve the labor markets in which blacks - especially low-income urban blacks - tend to reside. We first review the literature on spatial mismatch, which provides much of the...
Persistent link: https://www.econbiz.de/10013068132
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Jobless Recoveries During Financial Crises : Is Inflation the Way Out?
Calvo, Guillermo A. - 2013
document that large inflationary spikes appear to help unemployment to get back to pre-crisis levels. However, the counterpart …. This suggests that currency depreciation can help reduce unemployment only insofar as it is associated with inflation, and …
Persistent link: https://www.econbiz.de/10013072345
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Unemployment Benefits and Unemployment in the Great Recession : The Role of Macro Effects
Hagedorn, Marcus - 2013
Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation, employment, and a rise in unemployment …
Persistent link: https://www.econbiz.de/10013074813
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The Adverse Effect of the Covid-19 Labor Market Shock on Immigrant Employment
Borjas, George J. - 2020
Employment rates in the United States fell dramatically between February 2020 and April 2020 as the repercussions of the COVID-19 pandemic reverberated through the labor market. This paper uses data from the CPS Basic Monthly Files to document that the employment decline was particularly severe...
Persistent link: https://www.econbiz.de/10012833081
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Labor Demand in the Time of Covid-19 : Evidence from Vacancy Postings and Ui Claims
Kahn, Lisa - 2020
We use job vacancy data collected in real time by Burning Glass Technologies, as well as unemployment insurance (UI …
Persistent link: https://www.econbiz.de/10012835751