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How far from full employment? : the European unemployment problem revisited

Gökten, Meryem; Heimberger, Philipp; Lichtenberger, Andreas - 2024

Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …

Persistent link: https://www.econbiz.de/10014507179

Reservation wages and the wage flexibility puzzle

Koenig, Felix; Manning, Alan; Petrongolo, Barbara - 2016

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

Persistent link: https://www.econbiz.de/10011446155

Full employment : a survey of theory, empirics and policies

Lichtenberger, Andreas; Heimberger, Philipp; Arsenev, … - 2024

unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …

Persistent link: https://www.econbiz.de/10014541848

Contract Labour (Regulation and Abolition) Act 1970 and labour market flexibility : an exploratory assessment of contract labour use in India's formal manufacturing

Das, Deb Kusum; Choudhury, Homagni; Singh, Jaivir - 2015

One particularly significant piece of labour legislation in India is the Contract Labour (Regulation and Abolition) Act, 1970 (CLA,1970), which regulates labour hired by firms through the offices of a labour contractor - such labour being referred to as 'contract' labour in India. This paper...

Persistent link: https://www.econbiz.de/10010530684

Employment cyclicality by firm size, wage, and productivity in Brazil

Cravo, Túlio; Jacinto, Paulo de Andrade; Schimanski, … - 2018 - Version: August 27th, 2018

firms are more cyclically sensitive to unemployment. Besides, the VAR impulse response analysis suggests that workers move …

Persistent link: https://www.econbiz.de/10011927684

The effect of pension wealth on employment

Becker, Sebastian; Buslei, Hermann; Geyer, Johannes; … - 2023

This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit tax rate of employment. We use a...

Persistent link: https://www.econbiz.de/10014370431

Does green re-industrialization pay off? : impacts on employment, wages and productivity

Frattini, Federico Fabio; Vona, Francesco; Bontadini, … - 2024

What are the consequences of green industrialization on the labour market and industry dynamics? This paper tackles and quantifies this question by employing observable and reliable data on green manufacturing production for an extensive set of EU countries and 4-digit manufacturing industries...

Persistent link: https://www.econbiz.de/10015051964

Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...

Persistent link: https://www.econbiz.de/10009157624

Job displacement risk and severance pay

Cozzi, Marco; Fella, Giulio - 2016

This paper is a quantitative, equilibrium study of the insurance role of severance pay when workers face displacement risk and markets are incomplete. A key feature of our model is that, in line with an established empirical literature, job displacement entails a persistent fall in earnings upon...

Persistent link: https://www.econbiz.de/10011458292

Twenty-five years of income inequality in Britain : the role of wages, household earnings and redistribution

Cribb, Jonathan; Joyce, Robert; Wernham, Thomas - 2022

We study earnings and income inequality in Britain over the 25 years prior to the COVID-19 pandemic. We focus on the middle 90% of the income distribution, within which the gap between top and bottom in 2019-20 was essentially the same as a quarter-century earlier. We show that this apparent...

Persistent link: https://www.econbiz.de/10013167640