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States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …
Persistent link: https://www.econbiz.de/10010816009
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10011276886
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10010814478
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10010884429
of causality between migration in Greece and two macroeconomic variables: GDP and unemployment. We use annual data for … Fund Database (IMF). Our results provide empirical evidence that the growth rates of GDP and unemployment cause migration …
Persistent link: https://www.econbiz.de/10011260398
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10005761932
In this paper we examine unemployment rate dispersion across the (statistical) regions in the Melbourne metropolitan … area. We find that the level of dispersion is positively correlated with the unemployment rate in all the regions taken … together and that the ‘elasticity’ of dispersion with respect to the unemployment rate is unity, with the result that there is …
Persistent link: https://www.econbiz.de/10008565392
The high unemployment rate has been one of the most major argument in Turkish economy since 2002, in spite of the high …
Persistent link: https://www.econbiz.de/10005112856
mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …
Persistent link: https://www.econbiz.de/10005123618
role to cross-country differences in social unemployment insurance institutions that Prescott argues can be safely ignored …
Persistent link: https://www.econbiz.de/10005069229