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precursor to eventual sharp rises in unemployment in that state. The elasticity exceeds unity: a doubling of the rate of home …-ownership in a U.S. state is followed in the long-run by more than a doubling of the later unemployment rate. What mechanism might …
Persistent link: https://www.econbiz.de/10012459582
uses microeconomic data to examine the employment consequences of unionization. The paper addresses this issue with a new … association between poor employment performance and the presence of trade unions. The union employment growth differential is …
Persistent link: https://www.econbiz.de/10012475861
self-employment rate and the unemployment rate. It is also shown that the self-employed are more satisfied with their jobs …This paper describes measurement of a self-employment rate and the important role the agricultural sector plays in any … analysis of the determinants of self-employment. The determinants of the self-employment rate are modeled using a panel of 23 …
Persistent link: https://www.econbiz.de/10012471290
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …
Persistent link: https://www.econbiz.de/10012616620
Although there is a substantial literature indicating that unemployment and joblessness have profound adverse impacts …
Persistent link: https://www.econbiz.de/10012481117
the flow of workers from Eastern Europe, the fear of unemployment has risen in the UK which appears to have contained wage … rate of unemployment …
Persistent link: https://www.econbiz.de/10012465140
Previous literature has found that both unemployment and inflation lower happiness. This paper extends the literature … interest rates. I find, conventionally, that both higher unemployment and higher inflation lower happiness. Interest rates are … that unemployment depresses well-being more than inflation. The least educated and the old are more concerned about …
Persistent link: https://www.econbiz.de/10012465141
pay and the local unemployment rate -- in modern U.S. data. Consistent with recent evidence from more than 40 other …'s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …
Persistent link: https://www.econbiz.de/10012467345
The cross-sectional association between pain and unemployment is well-established. But the absence of panel data … are more likely than others to leave their job for unemployment or economic inactivity. This probability rises with the …
Persistent link: https://www.econbiz.de/10012533412
Following Phillip's original work on the UK, applied research on unemployment and wages has been dominated by the … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately -0.1. Contrary to the Phillips …
Persistent link: https://www.econbiz.de/10012474149