Narrow search
Showing 1 - 10 of 102
Cover Image
The rise and fall of Spanish unemployment : a chain reaction theory perspective
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2008
The evolution of Spanish unemployment has been quite idiosyncratic. The full-employment levels of the early seventies … were followed by unemployment rates that were the highest within the OECD countries in the aftermath of the oil price … shocks. While unemployment was extremely persistent in most of the eighties and nineties, it experienced its sharpest decline …
Persistent link: https://www.econbiz.de/10003765970
Cover Image
Labour market dynamics in Australia : what drives unemployment?
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2009
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003793964
Cover Image
Labour market dynamics in Australia : what drives unemployment
Karanassou, Marika; Sala, Hector - 2009
causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …
Persistent link: https://www.econbiz.de/10003799513
Cover Image
When short-time work works
Cahuc, Pierre; Kramarz, Francis; Nevoux, Sandra - 2018
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
Cover Image
Unemployment invariance
Karanassou, Marika; Snower, Dennis J. - 2002
This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10011412072
Cover Image
On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …
Persistent link: https://www.econbiz.de/10009736646
Cover Image
On the efficiency of job search with social networks
Cahuc, Pierre; Fontaine, François - 2002
of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10011413539
Cover Image
Is short-time work a good method to keep unemployment down?
Cahuc, Pierre; Carcillo, Stéphane - 2011
2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …-rating component. -- short-time work ; unemployment ; employment …
Persistent link: https://www.econbiz.de/10009124724
Cover Image
The roots of low European employment : family culture?
Algan, Yann (contributor); Cahuc, Pierre (contributor) - 2005
OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labor supply...
Persistent link: https://www.econbiz.de/10003155692
Cover Image
Values and labor force participation in the Nordic countries
Hall, Axel; Gylfi Zoega - 2014
The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...
Persistent link: https://www.econbiz.de/10010252633