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Based on an analysis of dynamic inter-related factor demand functions estimated for different industry groups over the period 1960-61 to 1993-94, the present study provides evidence of existence of significant adjustment lags in employment which can complement other documented factors in...
Persistent link: https://www.econbiz.de/10005618682
Gibbs sampling has had great success in the analysis of mixture models. In particular, the "latent varaible" formulation of the mixture model greatly reduces computational complexity. However, one failing of this approach is the possible existence of almost-absorbing states, called trapping...
Persistent link: https://www.econbiz.de/10005640989
In this paper, the authors study exit routes out of unemployment for older Norwegian unemployed in the period 1989 to …
Persistent link: https://www.econbiz.de/10005647143
We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries … a training cost, which is proportional to his unemployment duration, the training cost being larger in the high … study different types of second best policies that either subsidy the training cost or the wages and we compared them. …
Persistent link: https://www.econbiz.de/10005634208
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … unemployment based on Sudan Central Bureau of Statistics 2010 the Fifth Sudan Population and Housing Census 2008. We explain …, participation rates, economic activities, low skill level and high unemployment rate defined by gender and mode of living in Sudan …
Persistent link: https://www.econbiz.de/10010856356
obtain a novel empirical result: when a given firm grows faster it hires workers with higher past wages. These results …
Persistent link: https://www.econbiz.de/10010859491
skills during the experience of unemployment. Within a search and matching model, we show that all natives and immigrants are …
Persistent link: https://www.econbiz.de/10011019042
factor shares turn in favour of wages, when unemployment falls. The only important prerequisite for this result is that money … partly determined by the unemployment stock. As intuition says the share of wages in value added increases with the stock of … explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity …
Persistent link: https://www.econbiz.de/10011019057
sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). …
Persistent link: https://www.econbiz.de/10010928487
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the …
Persistent link: https://www.econbiz.de/10005247692