Showing 1 - 10 of 4,516
In this paper we first examine the labor force participation rates (LFPR henceforth) for Australia, Canada and the USA and endogenously determine several structural break points in the series and discuss their possible causes. We employ a class of generalized univariate processes, called...
Persistent link: https://www.econbiz.de/10010885048
During the economic crisis periods, due to the discouraged worker and added worker effects, we may not gather healthy information from the unemployment rates concerning the labor market. For this reason, it is claimed in the literature that the Labor Force Participation Rate (LFPR) may be a...
Persistent link: https://www.econbiz.de/10011108260
The aim of this paper is to contribute to the understanding of the behavior of participation rates in terms of gender differences. We employed smooth autoregressive transition models for the quarterly Turkish labor force participation rates (LFPR) data between 2000: Q1 – 2011: Q4 to present an...
Persistent link: https://www.econbiz.de/10011200107
In this paper, we analyze the impact of several labor reforms in Spain on its equilibrium unemployment rate. To this end, we analyzed the behavior of the observed unemployment rate in Spain during the 1976-2012 period, thereby assessing whether that rate is better characterized as a hysteresis...
Persistent link: https://www.econbiz.de/10010990309
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First,...
Persistent link: https://www.econbiz.de/10010858793
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First,...
Persistent link: https://www.econbiz.de/10010877810
We present an empirical analysis on the New Keynesian Wage Phillips Curve (NKWPC), which is derived by Gali (2011) as a micro-founded structural relationship between wage inflation and the unemployment rate under a sticky wage framework using data for Japan and the US. We find that the empirical...
Persistent link: https://www.econbiz.de/10010907506
Along with the transition to the market economy, the phenomenon of unemployment has become more and more present in the Romanian society; in the Oneºti Depression there are localities that present an alarming high level of this scourge. It is the result of restructuring local industries,...
Persistent link: https://www.econbiz.de/10010940713
This paper examines various variables that are likely to be associated with the Turkish non-agricultural unemployment rate in search of indicators to summarize and forecast the state of the labor market. We consider a total of 72 series that reflect aggregate economic activity, labor market...
Persistent link: https://www.econbiz.de/10010941441
Durante 1995-2007 España siguió un modelo económico basado en el sector de la construcción que generó fuerte crecimiento y acelerada reducción del paro. Tras el estallido de la burbuja inmobiliaria en 2008, la caída de este sector propició un aumento vertiginoso del desempleo. Con el...
Persistent link: https://www.econbiz.de/10010946000