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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

Born under a bad sign : the impact of finishing school when labour markets are weak

Regan, Mark; Roantree, Barra - 2021

This paper provides evidence that finishing school when labour markets are weak leads to poor subsequent labour market prospects, particularly those leaving school at younger ages. Using administrative register data from Denmark, we find that these scarring effects are larger and more persistent...

Persistent link: https://www.econbiz.de/10012623701

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