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Employment outlooks: Why forecast the labour market and for whom?

Neugart, Michael; Schömann, Klaus - 2002

This essay argues that experience from more than three decades of labour market forecasting shows that forecasting helps greasing the wheels of labour markets. Applied correctly - not in the sense of old fashioned manpower planning models - sufficiently disaggregated employment outlooks support...

Persistent link: https://www.econbiz.de/10010303935

Temporary work agencies and equilibrium unemployment

Neugart, Michael; Storrie, Donald - 2002

During the 1990s, temporary agency work has increased rapidly in most OECD countries. We augment the equilibrium unemployment model developed by Pissarides and Mortensen with temporary work agencies. Our model implies that technological improvements for placements and de-regulation of the sector...

Persistent link: https://www.econbiz.de/10010303983

Endogenous fluctuations in the demand for education

Neugart, Michael; Tuinstra, Jan - 2001

shocks alone. We develop a human capital investment model in an overlapping generations framework that features endogenous … looking prediction rules. Only if previous generations experience regret about their human capital investment decisions … flows to higher education. - expectations ; human capital investment ; endogenous fluctuations ; intergenerational spill …

Persistent link: https://www.econbiz.de/10010303986

Labor market policy evaluation with an agent-based model

Neugart, Michael - 2006

I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that governmentfinanced training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive this...

Persistent link: https://www.econbiz.de/10010304036