This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and … the equilibrating mechanisms to ensure unemployment invariance; in particular, other markets may perform part of the …

The Hodrick-Prescott filter is a popular tool in macroeconomics for decomposing a time series into a smooth trend and a … regulations and policy changes generally lead to similar behaviours. Thus, those events should be absorbed by the trend component … of the trend-cycle decomposition, but the Hodrick-Prescott filter does not allow for jumps. We propose a modification of …

In the OECD countries, the decline of manufacturing and its employment implications have long been matters of concern … related to these concerns and aspirations. However, servicification and particularly its role in trade policy have received …, historic policymaking divides between trade in manufactures and services, between export and import interests, and among modes …

far-right. Overall the decline in manufacturing employment has strongly contributed to this rightward shift in the … the manufacturing sector. This paper analyzes the contribution of this manufacturing decline to the rise of the Austrian … political landscape, with the manufacturing decline explaining roughly 43% of the observed increase in far-right vote …

contributors to employment in the manufacturing sector. And two, how their contributions have evolved over time, across states … employment and job dynamics across different enterprise types. In the context of India, where MSMEs have been traditionally … supported and encouraged by different policy initiatives to generate the much needed employment opportunities outside the …

are collective dismissal, fixed term contracts, contract labour, trade unions and unemployment insurance. Although the …The factors responsible for the lacklustre performance India's manufacturing are well identified in contemporary … regulations, focusing on the enactments and provisions that inhibit flexibility of manufacturing enterprises in adapting to swift …

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 for over a decade. First, at a descriptive level, this paper documents that … potentially green industries outperform the others in terms of employment, average wages, value added and productivity, net of …

when household members are placed in paid employment. In this paper, we present a method for addressing the trade …New methodology for producing employment microsimulations is introduced, with a focus on farms and household nonfarm …-off between paid employment and the farm and nonfarm business activities individuals may already be engaged in. The implementation …

Using estimates of earnings functions in Ghana, this paper examines patterns of labor market segmentation with regard … to formal and informal employment. Persistent earnings differentials are used as indicators of limited mobility across … segments of the employed labor force. We find evidence of labor market segmentation between formal and informal employment and …