Showing 1 - 10 of 35
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10009711222
contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …
Persistent link: https://www.econbiz.de/10009711213
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10010375309
Inflation has become much less sensitive to movements in unemployment in recent decades. A common explanation for this … unemployment gap which underlie the OECD’s Economic Outlook projections. The former OECD specification can be characterised as a … backward-looking specification, the anchored expectations approach also tends to imply larger unemployment gaps for those …
Persistent link: https://www.econbiz.de/10011399530
setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking …
Persistent link: https://www.econbiz.de/10011399720
to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …
Persistent link: https://www.econbiz.de/10012801196
, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …
Persistent link: https://www.econbiz.de/10012442985
This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …
Persistent link: https://www.econbiz.de/10012445843
This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing...
Persistent link: https://www.econbiz.de/10010464897
This paper examines the determinants of female labour force participation in OECD countries, including a number of policy instruments such as the tax treatment of second earners (relative to single individuals), childcare subsidies, child benefits, paid maternity and parental leaves, and tax...
Persistent link: https://www.econbiz.de/10012444888