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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
unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …
Persistent link: https://www.econbiz.de/10014541848
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
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
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
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
Unlike most countries, Korea did not implement a lockdown in its battle against COVID-19, instead successfully relying on testing and contact tracing. Only one region, Daegu-Gyeongbuk, had a significant number of infections, traced to a religious sect. This allows us to estimate the causal...
Persistent link: https://www.econbiz.de/10012243255
We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with …
Persistent link: https://www.econbiz.de/10012137069
We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, We develop and...
Persistent link: https://www.econbiz.de/10014445928
Persistent link: https://www.econbiz.de/10003536764