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matching and a variety of methods using propensity score matching. In each case, we consider estimates based on levels of post … propensity score matching is generally most effective, but the detailed implementation of the method is not of critical …
Persistent link: https://www.econbiz.de/10005703237
Many western industrialized countries face strong budgetary pressures due to the aging of the baby boom generations and the general trends toward earlier ages of retirement. The authors use the American PSID and the European Community Household Panel (ECHP) to explain differences in prevalence...
Persistent link: https://www.econbiz.de/10005545480
This paper provides a brief, non-technical survey of the major theories about why people remain unemployed. The aim is to provide a macroeconomic perspective on the microeconomic problem of why people don't find work. The first section deals with market-clearing theories: the natural rate...
Persistent link: https://www.econbiz.de/10005497987
Persistent link: https://www.econbiz.de/10004970319
This study estimates the internal migration in India in the Census 2011 with help of Life Table Survival Ratio (LTSR) method, when the direct information related to the migrants is not available. Abridge Life Tables of Indian States and age specific population in two successive Census 2001 and...
Persistent link: https://www.econbiz.de/10011130317
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10011103270
In this paper we examine different types of labour policies in the benchmark model of DMP in both cases where job-destruction rate is exogenous and endogenous. Our theoretical results show that the labour market tightness and the unemployment rate would be more volatile if job-destruction is...
Persistent link: https://www.econbiz.de/10011108114
The paper presents a brief theoretical and historical explanation of the transformative process of the Japanese economy from a stagnant agrarian society to a modern industrial one. Specifically, it analyzes the role of agriculture in the early stage of Japan's development in the last three...
Persistent link: https://www.econbiz.de/10011109804
Employment is linked to growth at least in the long-run. Thus, to reduce structurally unemployment it is necessary to boost growth. Thus, any strategy seeking to reduce unemployment must be devised with a good knowledge of the growth content in terms of jobs. In this paper, we use Okun’s law,...
Persistent link: https://www.econbiz.de/10011112042
Considering the most recent changes in the pension systems in Europe, this article aims to evaluate whether there is any relationship between the employment rates of older cohorts and the employment and unemployment rates in the youngest cohorts of a productive age. Its key finding is that there...
Persistent link: https://www.econbiz.de/10011166599