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models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
Persistent link: https://www.econbiz.de/10010959848
This paper assesses Estonia’s flexibility from two angles. The paper focuses on one aspect of that performance—the ability to sustain competitiveness. Then, a more forward-looking angle is the flexibility of Estonia’s labor and product markets. Estonia has made great...
Persistent link: https://www.econbiz.de/10011244007
We examine the drivers of youth unemployment in Poland and Spain, countries where youth have a marginalised labour … market position. We decompose the trends in unemployment rates in 1990-2011. We disentangle the role of prolonging job search … and the impact of dismissals. The contribution of these two factors to the changes in unemployment rates is compared …
Persistent link: https://www.econbiz.de/10010861685
year time horizon, are in a statistical sense close to invisible with respect to employment and unemployment stocks, and … likely any period at all, of unemployment. Our results should not be taken to mean that economic policy reform is costless to …
Persistent link: https://www.econbiz.de/10009293753
The observation that liquidations are concentrated in recessions has long been the subject of controversy. One view holds that liquidations are beneficial in that they result in increased restructuring. Another view holds that liquidations are privately inefficient and essentially wasteful. This...
Persistent link: https://www.econbiz.de/10005666837
labor market models have a hard time generating the degree of cyclical volatility in unemployment and vacancies that is …, job destruction and unemployment. We start from the reasonable assumption that the disutility of effort (in our case the … the average unemployment rate. It is important to point out that in our paper, incorporating an incentive compatible wage …
Persistent link: https://www.econbiz.de/10005069525
allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …
Persistent link: https://www.econbiz.de/10010744813
This paper examines the dynamics of employment adjustment in New Zealand, focusing on the response of firms to the 2008/09 Global Financial Crisis. We use data from Statistics New Zealand’s prototype Longitudinal Business Database (LBD) to examine firms’ employment responses to output shocks...
Persistent link: https://www.econbiz.de/10010567001
relative importance of both explanations, using a registered data set of unemployment insurance spells between 1999 and 2008 …
Persistent link: https://www.econbiz.de/10010988362
determinants of search duration to explain the effect of unemployment benefits on a job seekerfs behavior. We employ administrative …-to-scale for job seekers and vacancies, rather than constant return-to-scale. We also find that generous unemployment benefits …
Persistent link: https://www.econbiz.de/10010907596