Showing 1 - 10 of 878
Concerns that there are problems with the supply of skills, especially education-related skills, in the US labor force have exploded in recent years with a series of reports from employer-associated organizations but also from independent and even government sources making similar claims. These...
Persistent link: https://www.econbiz.de/10013048995
Though labor market conditions steadily improved following the Great Recession, underemployment among recent college … underemployment is a temporary phase for many recent college graduates as they transition to better jobs after spending some time in …
Persistent link: https://www.econbiz.de/10012982931
and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …
Persistent link: https://www.econbiz.de/10013114011
This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …
Persistent link: https://www.econbiz.de/10013123693
autarky to free trade doubles the European unemployment rate, while it raises the American unskilled wage to the high European … level. Entry of the unskilled South to world markets raises unemployment in Europe. But Europe's commitment to the high wage …-for-dollar, while European unemployment rises one-for-one. We consider a stylized game of the choice of factor market institutions …
Persistent link: https://www.econbiz.de/10013125263
-market recovery from financial crises is characterized by either higher unemployment ("jobless recovery") or a lower real wage …
Persistent link: https://www.econbiz.de/10013099123
labor markets. We find that workers age 62 to 69 are responsive to the unemployment rate and to long-run fluctuations in … the rising unemployment rate will be almost 50 percent larger than the decrease in retirement brought about by the stock …
Persistent link: https://www.econbiz.de/10013150735
Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...
Persistent link: https://www.econbiz.de/10012772452
not harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects …
Persistent link: https://www.econbiz.de/10012760709
The unemployment rate in the euro area appears to contain a significant nonstationary component, suggesting that some … Keynesian model with unemployment, and assess their empirical relevance …
Persistent link: https://www.econbiz.de/10013018300