Showing 1 - 10 of 132
This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based … on a discrete time competing risks hazard rate model applied to comparable microdata sets. The unemployment risk is … broken down into the risk of entering unemployment and the risk, once unemployed, of not getting reemployed. The paper …
Persistent link: https://www.econbiz.de/10010297286
: intervention works prolong unemployment for both genders as do public works for men. The number of observations on women in public …
Persistent link: https://www.econbiz.de/10010297590
The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks? and on the borrowers? balance sheets. Subsequently we estimate aggregate credit supply and demand...
Persistent link: https://www.econbiz.de/10010297503
. As an application we estimate nonparametric conditional quantile functions with German administrative unemployment …
Persistent link: https://www.econbiz.de/10010297933
Although explanations of the persistence of high unemployment in Germany, in particular long-term unemployment, have …, these factors are analyzed based on a microeconometric model of individual transitions from unemployment into employment and … dependence' arising from causal factors and 'sorting' effects due to unobserved heterogeneity in the unemployment pool. I also …
Persistent link: https://www.econbiz.de/10010299572
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10010297281
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …
Persistent link: https://www.econbiz.de/10010297491
On the basis of a theoretical model, we argue that higher aggregate unemployment affects individual returns to … education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education … level in a standard Mincer equation. Our results show that an increase in regional unemployment by 1% decreases the returns …
Persistent link: https://www.econbiz.de/10010297542
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10010297626
relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
Persistent link: https://www.econbiz.de/10010297721