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A Beveridge curve decomposition for Austria : what drives the unemployment rate?
Christl, Michael - 2019
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
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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
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The macroeconomic effects of a carbon tax to meet the U.S. Paris Agreement target: the role of firm creation and technology adoption
Finkelstein Shapiro, Alan; Metcalf, Gilbert E. - 2021
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
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Structural change, income distribution and unemployment related to Covid-19 : an agent-based model
Schütz, Bernhard; Reiter, Oliver; Landesmann, Michael; … - 2023
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
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Gender gaps in employment, wages, and work hours : assessment of COVID-19 implications
Tverdostup, Maryna - 2021
The COVID-19 pandemic has highly asymmetric effects on labour market outcomes of men and women. In this paper, we empirically investigate the dynamics and drivers of gender gaps in employment rates, wages and workhours during the pandemic. Relying on Estonian Labour Force Survey data, we...
Persistent link: https://www.econbiz.de/10012544966
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Effects of credit supply on unemployment and inequality
Bandyopadhyay, Subhayu; Dinopoulos, Elias; Unel, Bulent - 2016
The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We …, tighter credit leads to lower output, lower number of vacancies, and higher directed-search unemployment. Where workers are …
Persistent link: https://www.econbiz.de/10011539874
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How should unemployment insurance vary over the business cycle?
Birinci, Serdar; See, Kurt - 2019
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
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Training and search on the job
Lentz, Rasmus; Roys, Nicolas - 2016
The paper studies human capital accumulation over workers' careers in an on the job search setting with heterogenous firms. In renegotiation proof employment con- tracts, more productive firms provide more training. Both general and specific training induce higher wages within jobs, and with...
Persistent link: https://www.econbiz.de/10011585846
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COVID-19 doesn't need lockdowns to destroy jobs : the effect of local outbreaks in Korea
Aum, Sangmin; Lee, Sang Yoon; Shin, Yongseok - 2020
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
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Employment in Spanish regions : cost control or growth-enhancing policies?
Bande Ramudo, Roberto; Karanassou, Marika; Sala, Hector - 2017
Spain provides an extreme case of unemployment rate oscillations (8.3% in 2007, 26.1% in 2013, 19.6% in 2016) in … parallel with cute regional persistance in labour market outcomes - the sets of relatively high and low unemployment regions … unemployment) regions are more reactive to capital accumulation, and thus to a growth strategy based on estimulating investment. In …
Persistent link: https://www.econbiz.de/10011756109