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This paper analyses (age-adjusted) employment rates by gender and education. We find that malefemale gender gaps and ….5 percentage points. At the same time, closing both the gender and education gaps would raise the EU employment rate from 76% to 89 … high-low education gaps in employment vary markedly across European Union (EU) countries and regions, with larger gaps …
Persistent link: https://www.econbiz.de/10014558979
suggest that there are (positive) unintended consequences of cash-transfer programs targeting households with school-age …
Persistent link: https://www.econbiz.de/10012154758
Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
Persistent link: https://www.econbiz.de/10012232857
heterogeneous correlations of the business cycle with different age, education, and ethnic groups by gender in a developing country …
Persistent link: https://www.econbiz.de/10011991880
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10012142390
labour market reforms impacted employment in different age groups. …
Persistent link: https://www.econbiz.de/10014578421
This paper builds a small open economy business cycle model with labor and financial market frictions that incorporates frictional, endogenous self-employment entry and a link between formal credit markets, informal credit, and the labor market. The paper then shows that the model is consistent...
Persistent link: https://www.econbiz.de/10011290968
We analyze shocks to productivity, collateral constraint (credit shock), firm operation, and labor disutility in a model of firm dynamics with entry and exit. Shocks to firm operation and labor disutility capture COVID-19 lockdowns. Compared to the productivity shock, the credit and the lockdown...
Persistent link: https://www.econbiz.de/10012583735
We analyze a general equilibrium model of firm dynamics to study the effects of shocks to productivity, labor wedge, and collateral constraint (credit shock) on firm exit. We find that only the credit shock increases firm exit. This result is robust to the magnitude of shocks and different model...
Persistent link: https://www.econbiz.de/10012238357
We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with aggregate risk and incomplete markets. We validate the model-implied micro and macro labor market elasticities to changes in UI generosity against existing estimates, and...
Persistent link: https://www.econbiz.de/10012137069