Showing 1 - 10 of 87
evidence of large heterogeneities among demographic groups. Interestingly, unemployment rates in levels across demographic … groups are not necessarily aligned with the sensitivity of these demographic groups’ (un)employment and participation rates …
Persistent link: https://www.econbiz.de/10011991880
the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in …
Persistent link: https://www.econbiz.de/10011962116
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
externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of … consumption and output; a marginal increase in the unemployment and labor force participation rates; and an expansion in the … accompanied by gradual gains in output and consumption and a negligible expansion in unemployment. Critically, abstracting from …
Persistent link: https://www.econbiz.de/10012519987
unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …
Persistent link: https://www.econbiz.de/10014541848
, greater average firm productivity, a larger formal employment share, and a marginally lower unemployment rate. …
Persistent link: https://www.econbiz.de/10014496287
We study the distributional consequences of COVID-19 by using a stock-flow consistent agent-based model that captures some of the aspects of pandemic-related lockdowns. In particular, the model distinguishes between "essential" and "non-essential" industries, between jobs that can be done from...
Persistent link: https://www.econbiz.de/10014227899
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 Hodrick-Prescott filter is a popular tool in macroeconomics for decomposing a time series into a smooth trend and a business cycle component. The last few years have witnessed global events, such as the Global Financial Crisis, the COVID-19 pandemic, and the war in Ukraine, that have had...
Persistent link: https://www.econbiz.de/10014578421
This paper studies the effect of mandated severance pay in a matching model featuring wage rigidity for ongoing, but not new, matches. Mandated severance pay matters only if binding real wage rigidities imply inefficient separation under employment at will. In such a case, large enough severance...
Persistent link: https://www.econbiz.de/10009668414