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increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …
Persistent link: https://www.econbiz.de/10011588179
The informational value of the aggregate US unemployment rate has recently been questioned because of a unit root in … the labor-force participation rate; the lack of mean reversion implies that long-run changes in unemployment rates are … highly unlikely to reflect long-run changes in joblessness. This paper shows that this critique also extends to unemployment …
Persistent link: https://www.econbiz.de/10008656701
This paper considers the optimal hiring strategy of a firm that is unable to observe the productive abilities of all its applicants. Whom the firm considers as hireable, will depend crucially on the extent to which the firm can use its wage setting to mirror productivity differences. However,...
Persistent link: https://www.econbiz.de/10011574953
force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are … the relevant labor market in-stitutions in the Netherlands and use recent reforms to assess the importance of the … ; labor market reforms ; participation ; unemployment ; disability …
Persistent link: https://www.econbiz.de/10003912104
How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...
Persistent link: https://www.econbiz.de/10010127990
unemployment to, at least, part-time work. In this paper we try to analyze the extensive margin labor supply effects of the Swedish …
Persistent link: https://www.econbiz.de/10009426280
unemployment to, at least, part-time work. In this paper we try to analyze the extensive margin labor supply effects of the Swedish …
Persistent link: https://www.econbiz.de/10009487399
the private sector, and a unification of the different labour market programmes. -- Institutions ; incentives ; reforms …
Persistent link: https://www.econbiz.de/10003912101
This paper summarizes a set of expert reports commissioned by the IFAU. The expert reports cover Estonia, Germany, Italy, the Netherlands, Sweden, and the United Kingdom. These countries represent range of welfare states, both in terms of scope and design. And in each country there are...
Persistent link: https://www.econbiz.de/10003912113
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a … be seen how future governments react to worsened economic conditions in light of these experiences. -- Unemployment …
Persistent link: https://www.econbiz.de/10003912095