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the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the … impact of technical change on relative wages and unemployment in a world in which one country has flexible and the other …
Persistent link: https://www.econbiz.de/10012473209
We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...
Persistent link: https://www.econbiz.de/10012464082
What explains how much people work? Going back in time, a main fact to address is the steady reduction in hours worked. The long-run data, for the U.S. as well as for other countries, show a striking pattern whereby hours worked fall steadily by a little below a half of a percent per year,...
Persistent link: https://www.econbiz.de/10012456460
We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off … by the new and spreading technologies. We find that skill differentials in unemployment follow at least in part the same … differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment …
Persistent link: https://www.econbiz.de/10012470933
We study the relationship between international trade, technology, and the probability and consequences of job displacement, using data on displaced workers as well as those at risk of job dislocation for 1984-86 and 1989-91. Workers employed in industries with elevated import shares and high...
Persistent link: https://www.econbiz.de/10012473224
Expanding on an approach suggested by Ashenfelter (1984), we extend the Phillips curve to an open economy and exploit panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of inflation expectations. We develop this measure using...
Persistent link: https://www.econbiz.de/10012471456
and perfectly flexible prices and wages, give rise to cyclical variations in unemployment whose character closely …
Persistent link: https://www.econbiz.de/10012476976
relates measured unemployment to vacancies and to excess demand. The model has a more sophisticated treatment of dynamics than … earlier disequilibrium models, and uses measured unemployment as an endogenous variable. Two of the error terms are assumed to … estimates computed in various ways are reasonable. The model is used to estimate the natural rate of unemployment as well as a …
Persistent link: https://www.econbiz.de/10012477432
Before 1979, unemployment insurance (UI) benefits were not treated as taxable income in the United States. Several … has had the predicted effect of reducing unemployment duration.The study uses data on a sample of persons that filed for … presents persuasive evidence of a tax effect on unemployment duration. The 1979 policy change is estimated to have reduced …
Persistent link: https://www.econbiz.de/10012477837
Inthis paper, the relationship between unemployment and property crime is investigated in the context of dynamic system … Granger's causality tests indicate that unemployment by occupation (white and blue collars) is significantly associated with … robbery, which is the most serious property crime. Unemployment by race (white, black, and Hispanic) also supports the above …
Persistent link: https://www.econbiz.de/10012477841